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Power security and resilience is at the heart of the ElecLink project and will increase the current Anglo-French electricity exchange capacity by one half, enhancing the security of electricity supply for industrial and business consumers.
Much has been made of ‘keeping the lights switched on’. With the debate over the future of energy security brought into focus recently, ElecLink delivers a smart and environmentally friendly way to secure the electricity supply.
It will also help to solve the ‘energy trilemma’ identified by the World Energy Council by:
ElecLink will provide greater opportunities for the UK to trade with European energy markets and support the consumer by putting downward pressure on wholesale electricity prices.
By improving the supply of electricity during peak-consumption periods, influenced by the hour’s time difference between the UK and France, interconnectors such as ElecLink can help secure and sustain lower energy prices.
ElecLink has been endorsed by the French and the British Governments and the European Commission and granted a 25-year exemption by regulators, enabling it to operate as a private interconnector and to sell its electricity capacity over time.
The UK and France are both generating more power through renewable energy from offshore and onshore wind farms and solar, in order to meet their international and domestic climate change targets.
With renewable energy generation being intermittent, interconnectors such as ElecLink, provide an effective way to manage these supply fluctuations to help meet energy demand and keep prices low.
ElecLink will have a very low environmental impact by making use of the existing Channel Tunnel infrastructure for its cable system, avoiding any interference with marine life on the seabed of the English Channel.
It is expected to reduce carbon dioxide emissions by approximately 6 million tonnes, enabling demand in Britain and France to be met by the most efficient generating plants.
The project will support 300 jobs during the construction phase, together with on-going jobs needed for the operations and maintenance throughout the life of the project locally.