Whilst power demand has started to recover, the impact of COVID-19 continues to be uncertain as the country moves into the winter period.
Taking an integrated approach to offshore grid connections could save consumers around £6 billion, according to a new report from National Grid ESO.
‘Importance of the UK energy sector’ recognised as interconnectors included in Brexit negotiations outline
Trading through interconnectors is set to be included in the upcoming Brexit negotiations between the UK and the European Union, after an energy agreement was included in government plans.
Intraday trading is now possible between Belgium and Britain on the Nemo Link interconnector.
The first planning applications have been submitted for the Greenlink interconnector, which will connect Wales and Ireland.
The UK will have no problem meeting energy demands throughout this winter thanks to a surplus in generation according to the National Grids Winter Outlook report, released on the 9 October.
Britain’s high carbon prices look set to drive more prolonged periods without coal generation, but the country is still reliant on coal power from overseas, energy analyst firm EnAppSys has claimed.
A hard Brexit that sees Great Britain fall out of the Internal Energy Market (IEM) could cost consumers as much as £270 million a year, a new report from the UK Energy Research Centre (UKERC) has claimed.
Energy storage, electric vehicles, demand response and interconnectors will be needed to provide the flexibility required for the energy transition to take hold by reducing the need for fossil-fuelled backup.