The UK is importing record amounts of power from Europe, with the country spending more than £250 million on power from abroad each month, new analysis by Drax Electric Insights has found. A record
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The capability to import and export electricity relies on the interconnectivity of power grids, facilitated by undersea cables. The commissioning of the Viking Link, a 1,400 MW HVDC
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Ahead of the UK Government / International Energy Agency energy security summit on 24/25 th April, new analysis from the Energy and Climate Intelligence Unit (ECIU) has found that the
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At present, the UK has just four pumped storage hydro plants, despite the increasing need for enhanced storage capacity to manage intermittent power of this kind. A new plant hasn''t
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The NIA blamed the UK''s shrinking “baseload capacity” from nuclear power – which is much lower than that of France – for driving UK power prices higher and pushing up imports.
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The UK is on track to import a record amount of electricity in 2024, smashing the previous record from 2021 by 50%. According to Nuclear Industry Association analysis of National Continued
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Britain is now spending a record £250 million a month on electricity imports, driven by the closure of coal-fired and nuclear power stations, according to new analysis. During the second
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The positive outlook stems from solid Norwegian supply, liquefied natural gas imports, and nearly full European storage sites, though the agency noted it is monitoring escalating Middle East
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The UK is now spending over £250 million per month on European electricity imports, a new record high. Notably, during the second quarter of 2024, some 20% of the nation''s electricity
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