Wednesday, July 13, 2016

Iceland: About 1,400 MW Additional Capacity Needed for Undersea Power Cable to Britain

Undersea Cable To Britain Takes Clearer Form (Reykjavík Grapevine)

Considerable infrastructural changes and financing will be needed to make an undersea power cable from Iceland to Britain a reality.

Although the idea has been years in the works, we are only just now getting a clearer picture of the actual logistics that would be involved if Iceland were to start exporting electricity to Britain via an undersea cable, RÚV reports.

According to the findings of a government project manager examining the idea, Iceland would need to build power turbines of about 1,400 megawatts, in order to export electricity to the UK. In addition, the total cost for the project will approach 800 billion ISK, meaning that Britain would need to make a considerable contribution to financing the cable.