Plans afoot for 4 new subsea electricity cables between Scotland and England in the next ~10 years.
Mainly needed to transport wind power from Scotland to England.
From @ng_eso Network Options Assessment (NOA) (illustrative routes)
1/
https://www.nationalgrideso.com/research-publications/network-options-assessment-noa#what
Mainly needed to transport wind power from Scotland to England.
From @ng_eso Network Options Assessment (NOA) (illustrative routes)
1/
https://www.nationalgrideso.com/research-publications/network-options-assessment-noa#what
Cost range for the four HVDC links is *£6.5 billion to £8.5 billion* total.
Total cost of recommended projects ("Proceed") is £13.9bn.
2/
Total cost of recommended projects ("Proceed") is £13.9bn.
2/
Despite significant new transmission across Great Britain, @ng_eso notes:
"constraint costs still forecast to rise significantly over the next decade"
"we are engaging with BEIS, Ofgem and industry for alternative ways to manage constraint costs in short/medium term"
p.7
3/
"constraint costs still forecast to rise significantly over the next decade"
"we are engaging with BEIS, Ofgem and industry for alternative ways to manage constraint costs in short/medium term"
p.7
3/
In recent @Policy_Exchange report, we argue local/nodal electricity pricing is key
Investment in transmission incredibly important, but also must send right locational signals to market participants - incl. to unlock regional flexibility/storage
4/4 https://twitter.com/ed_birkett/status/1335844672070176768
Investment in transmission incredibly important, but also must send right locational signals to market participants - incl. to unlock regional flexibility/storage
4/4 https://twitter.com/ed_birkett/status/1335844672070176768