30/05/2006

£120m North-South electricity link announced

A North-South electricity interconnector costing £120 million (€180m), will be put in place between County Tyrone and County Cavan.

The new development in electricity infrastructure was announced today by Northern Ireland Electricity (NIE) and ESB National Grid, and is expected to be in place by 2012.

The interconnector will deliver significant benefits to all electricity customers, including facilitating choice and competition in electricity supply by promoting trading in wholesale power, strengthening the security of electricity supply, and support the future growth of renewable generation.

This cross-border initiative is the latest stage in a plan by the British and Irish governments to develop an all-island energy market.

An existing interconnector between Tandragee and County Louth has a capacity of around 300MW, enough power to supply the equivalent of 300,000 homes, however the new link, which will be situated further west, will more than double the cross border electricity trading capability carried between the north and south of Ireland.

The interconnector project is the culmination of detailed studies carried out by NIE and the ESB National Grid in recent years, investigating how best the interconnection could assist the needs of customers in the future.

The project will now be subject to the full planning process with funding arrangements for construction and operation being decided by Regulators at a later date.

(EF/SP)

Related Northern Ireland News Stories
Click here for the latest headlines.

14 June 2019
Council Approves Major New Development In East Belfast
A major new development, on the site of the former Sirocco Works, has been given the go-ahead by Belfast City Council.
19 April 2018
Construction Work Starts On £3.5m Development In East Belfast
Construction work has started on 28 new homes in the Dundonald area of east Belfast. Hagan Homes is developing the new houses in the Comber Road area and the scheme is expected to be completed by Spring 2019. 50 construction jobs are to be created and Phase 1 of the development is scheduled for completion later this year.
14 March 2018
Danske Bank Warns Customers Of Fraudulent Text Messages
Danske Bank customers in Northern Ireland have been urged to report incidents of SMS text messages asking the customer to call a 0330 number.
27 June 2008
Rathlin's Big 'Switch' Pulled
Rathlin islanders are at last able to enjoy a dependable supply of electricity. Yesterday, NI Regional Development Minister Conor Murphy officially switched on a new 10.4km subsea electricity cable which extends from Ballycastle to Rathlin Island.
25 September 2003
Minister announces £30m electricity initiative
Enterprise Minister, Ian Pearson has announced plans to invest £30 million in a new initiative aimed at reducing electricity bills for Northern Ireland's businesses. It is hoped that the funding, which is part of a draft budget, will help businesses save 10% on their electricity bills.