Interconnectors will tackle intermittency and strengthen North Sea industry, says Ofgem
The UK has approved five new electricity interconnector cables to Ireland and continental Europe, costing a total of about £7bn, to increase the flexibility of the grid in an age of increasing renewable power. Ofgem, the energy regulator, said the projects, which will increase individual electricity bills by between £2 and £5 a year from 2030 to 2055, will boost the North Sea wind industry and power millions of homes.
The UK imported a record 12.1TWh of electricity in the quarter, a rise of 31 per cent year-on-year, but also exported 2.9TWh, a 75 per cent annual increase. Ofgem predicted that by the 2030s, as more UK wind generation comes online, the UK will swing to being a net exporter of power.
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