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    Home » Britain was forced to import electricity worth $5 billion from Europe
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    Britain was forced to import electricity worth $5 billion from Europe

    ZEMS BLOGBy ZEMS BLOGJanuary 20, 2024No Comments1 Min Read
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    “The opportunity to import cheaper electricity from abroad reduces the incidence of price rises and could mean that the overall level of wholesale prices is lower than it would be without interconnection,” said Natalie Girl, analyst at LSEG Power Research.

    A National Grid spokesperson said: “As the UK continues to reduce its reliance on fossil fuels and further develop cleaner, affordable and safe renewable energy, National Grid is delivering the biggest overhaul of the electricity grid in generations – The Great Grid Upgrade – to deliver this clean, affordable energy to communities in Every part of England and Wales, helping us all get to net zero faster.

    “Alongside this, interconnectors will provide the UK with the opportunity to share any abundance of new clean electricity from where it is generated to where it is needed.”

    The Telegraph, London

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