Electricity Supply: International Interconnectors Debate
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Main Page: Lord Grantchester (Labour - Excepted Hereditary)Department Debates - View all Lord Grantchester's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 9 months ago)
Lords ChamberI think that the right reverend Prelate also raised that question and I do not know what the contractual arrangements are. I will have to write to my noble friend if this is not correct, but my understanding is that the flow of electricity to or away from us depends upon market conditions in the two countries—that is, the price differential between them. If there are contractual arrangements, I will write to my noble friend accordingly.
My Lords, I welcome the Minister to his new responsibilities, and will follow up on some of the earlier questions. The EU norm for interconnection is currently about 10% of capacity and at present the UK has only 4% covered by interconnectors. Can the Minister confirm how many might come on stream between 2018 and 2023, and to what increased capacity? Notwithstanding his earlier answer, what guarantees can the Government give to ensure their status upon Brexit and access to the single energy market in the EU?
My Lords, the current percentage of our market supplied by interconnectors is, as the noble Lord says, around 4%. It is due to grow considerably between now and 2021. An additional 7.7 gigawatts of capacity are due to come on stream. As said, under Budget 2016 it may increase to 9 million gigawatts, but that will be post-2021.