Saturday, February 24, 2007

Moyle Interconnector Set To Pass On Scottish Electricity

A cross-border power-sharing deal of the non-political kind has been signed in order to keep the lights on in the Republic, it was disclosed today.

EirGrid, the company which manages the grid in the Republic, has secured extra electricity capacity of 100 megawatts from NI Energy Holdings.

The power will be supplied from Britain via the Moyle interconnector, which runs under the sea from Scotland to Northern Ireland.

From there it will be transmitted by means of the north-south interconnector to the Republic, where it will help to bolster supplies to ESB.

In recent weeks, there has been increasing concern in the Republic about a shortage of electricity, particularly at peak times.

As the economy grows, demand has been outstripping supply and already the Republic relies on supplies from Coolkeeragh power station near Londonderry.

Although the mild weather has helped to suppress demand this winter, economic development agency IDA Ireland has warned of the danger of power cuts.

The commercial agreement for extra power - the value of which has not been disclosed - also involves SONI, the system operator in Northern Ireland.

Alan Rainey, executive director of NI Energy Holdings, said the deal underlined the value of interconnection in terms of making electricity supply north and south more reliable.

He said: "This is a win-win for the energy consumer and shows that the Moyle interconnector is not there just for trading energy across systems.

"It is an ever-present source of support and stability for networks and systems operators in Northern Ireland and the Republic."

Mr Rainey said that the agreement would help meet the needs of ESB customers in the Republic and also provide a commercial benefit which would be passed through to consumers in Northern Ireland.

Dermot Byrne, the chief executive of EirGrid, said the deal showed the benefit of electricity links between Scotland, Northern Ireland and the Republic.

He said: "Increased electricity interconnection is a growing trend in the European Union. It provides concrete benefits including increased security of supply and also facilitates the development of competitive markets for power.

"Consumers should see even greater benefit in the future as the Tyrone to Cavan and Ireland to Wales interconnectors are constructed

News Clip Courtesy : Robin Morton, Belfast Telegraph

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