Marine surveys are taking place in Morecambe Bay ahead of a major project to connect a new electricity pipeline from Barrow to Heysham. The National Grid is digging boreholes from two drill rigs off the coast at Heysham up to 100 metres below the sea bed.
The Visitor 18th May 2016 read more »
Profits at National Grid rose 6pc to £4.1bn last year as the company benefited from Britain importing cheaper power from France. The utility giant, which manages Britain’s gas and electricity networks, said that a “strong performance” from the French interconnector cable contributed to the rise in group adjusted operating profits, which was in line with analysts’ expectations. Operating profits from its 2 gigawatt undersea power cable rose 19pc to £123m, as the “high power price differential between France and the UK in the first half of the year” meant companies were willing to pay higher fees to use the interconnector to buy cheap power from France.
Telegraph 19th May 2016 read more »
The 450-mile cable to Norway, which is under construction, will be the longest subsea electricity cable in the world, Mr Pettigrew said. He added that Britain’s electricity supply margin would be thin this winter but expressed confidence that National Grid had enough tools at its disposal to prevent blackouts, including new contracts designed to temporarily switch off power to large industrial users to help reduce overall demand at peak times.
Times 20th May 2016 read more »