A proposed new subsea cable between Scotland and the north of England has received a EUR 2 billion (USD 2.093 billion) funding package. The cable will transport 2 GWh of homegrown wind-generated electricity, achieving the government’s Clean Power 2030 goal.
Nov 15, 2024
A EUR 2 billion funding package (USD 2.093 billion) has been awarded to build a proposed new subsea and underground 196km cable between Scotland and the north of England which will help boost energy security, cut bills and achieve the government’s green targets.
Flagged by the National Energy System Operator (NESO), the Eastern Green Link 1 (EGL1) is a high voltage electricity superhighway able to transport 2 GWh of homegrown wind-generated electricity between Torness, East Lothian and Hawthorn Pit, County Durham, achieving the government’s Clean Power 2030 goal.
Watch: Systematic Group
Most of the 196km of cable will be under the North Sea, with the remaining 20km of cables underground linking the cable to substations and converter stations in Scotland and England.
The project will reduce Great Britain’s reliance on volatile international gas markets by further harnessing the power of homegrown North Sea wind.
NESO’s recent Clean Power 2030 Report has also shown that the project will deliver annual savings of over EUR 870 million by reducing the need to compensate British wind generators. This in turn will help drive down consumer bills.
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As part of its mission to rapidly upgrade the energy system with a minimum cost to customers, Ofgem has identified over EUR 43 million of savings which have been cut from the project costs without impacting delivery or quality. Communities that host the infrastructure in Scotland and North-East England are also set to benefit from a EUR 7.9 million social value and community benefit fund.
