Our modelling has predicted that Great Britain (GB) could become a net exporter of power to the continent by the 2040s.
There is increased interconnection expected in the 2020s and 2030s between the island and the continent. And therefore, there will be more routes for excess offshore wind power to be transported and consumed on the mainland.
James Brabben explained how GB could see an “effective doubling of current interconnector capacity in a little over three years with new connections to France, Denmark and Norway”.
Brabben went on to detail how the current National Grid Interconnector Register shows up to 16GW of interconnection could be operational by 2025. Furthermore, it could be up to 25.4W by 2030.
GB becoming a net exporter of power would be a real reversal of roles compared to the past decade. Our modelling of GB and EU markets shows how convergence in the generation mix of power markets across Europe will see more volatile flows over interconnectors. GB’s comparative advantage for offshore wind resources supports a vast build-out of the technology and could see greater flows of power to Europe as a result.
James Brabben, Head of Wholesale
