Ofgem has revised its assessment of a proposed new interconnector between the GB market and the Ireland/Northern Ireland Single Energy Market (SEM).
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National Grid and Statnett joint venture NSN Link has signed cabling contracts totalling €1.5 billion for cabling and connections for the Nemo link between GB and Norway.
European electricity networks organisation Entsoe-E has asked for feedback on the network and storage projects that will be eligible for support under the EU’s Ten Year Network Development Programme.
A ‘window’ for new interconnector developers to apply for a ‘cap and floor’ deal on returns for new projects has been delayed to 2016.
Siemens and J–Power Systems, a subsidiary of Japan’s Sumitomo Electric Industries, have been awarded contracts together valued at about €500 million to provide major components for National Grid’s Nemo interconnector with Belgium.
ElecLink has won a grant of €1.7 million from the EU’s Connecting Europe Facility intended to help move forward projects of common interest in energy infrastructure. The grant will cover half the cost of project studies.
Proposals to change the way capacity is allocated on interconnectors between the all-island Irish markets and the GB market could misdirect some flows, according to market reporting company ICIS.
Ofgem has set out plans to apply a “cap and floor” financial regime to three of four interconnector proposals submitted during September’s application window. The regulator decided there was no consumer benefit for a fourth, Greenlink, to be allo
Our energy system is becoming increasingly part of a European market and we expect it to become more so as new electricity interconnectors allow GB to import and export much more power. But do our neighbours share our coming 'margin crunch' and will their needs fit with ours? Sian Crampsie investigated
Later this year the Department of Energy and Climate Change (Decc) will run a Capacity Market auction for delivery in four years. Interconnectors will be able to participate in the auction alongside other forms of generation.