The suspicion has to be that Britain’s ‘excess’ wind power, if any, would sell for a low price as Norway doesn’t need it, whereas a shortage of power in Britain would allow Norway to sell for a high price, assuming availability at request time. Water can be stored but wind can’t. Some reports are calling this ‘cheap hydro’, but at £1.4 billion just for the cable system such claims appear unconvincing.
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Norwegian reservoirs will begin powering homes in Great Britain today as the world’s longest subsea power cable was switched on, in a boost to renewables and tight energy supplies this winter, says New Scientist.
The 724-kilometre North Sea Link is the sixth of a growing network of electricity interconnectors between Great Britain and its European neighbours, to trade energy and adapt to grids increasingly reliant on the variable output of wind, solar…
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