€4 million of CEF Energy funding to connect the French and Irish electricity systems

INEA Director Dirk Beckers, RTE Chairman François Brottes and EirGrid Chief Executive Fintan Slye signed today a grant agreement releasing €4 million of EU funding from the Connecting Europe Facility (CEF) to complete the initial design and pre-consultation of the Celtic Interconnector.

From left to right: RTE Chairman François Brottes, INEA Director Dirk Beckers, Director-General of DG ENER Dominique Ristori,  and EirGrid Chief Executive Fintan Slye

The Celtic Interconnector is the name of an EU Project of Common Interest (PCI) aiming the development of a potential electrical connection between Ireland and France, using subsea cables, with the capacity to transmit up to 700 MW of electricity, enough to power 450,000 households. The interconnector will also enable surplus of renewable energy to be transmitted to other locations where there is high electricity demand. The interconnector is expected to go live in 2025.

Parts of this project – the feasibility study, the initial design and pre-consultation – are co-financed by the Connecting Europe Facility (CEF). The feasibility study (€3.8 million of EU funding) was completed in 2016 and included marine surveys, preliminary design studies as well as commercial, legal and governance aspects. The new funding (€4 million) will finance the next stage of the project and will cover the project’s detailed design, a public consultation, and preparation for its construction. This latest phase is expected to be completed in 2018 and pave the way to the construction of the interconnector.

The Connecting Europe Facility in the field of energy provides funding to infrastructure projects in electricity, natural gas and smart grids with the aim to better interconnect energy networks towards a single energy market in Europe. The programme supports the key objectives of the Energy Union by promoting further integration of the internal energy market, enhancing security of energy supply and integrating energy from renewable sources into the network.

Celtic Interconnector Feasibility Study

Please follow and like us:

Visited 1283 times, 2 Visits today

Posted in Electricity, Energy & Environment, Investments and Transmission & Distribution

Add a Review

Your Rating for this listing:


Related Listings

What is ‘energy architecture’?

91-93 route de la Capite, CH-1223 Cologny/Geneva

Source: weforum.org Every year a report by the World Economic Forum shines a light on energy production in a selection of countries around the world. It’s called the Global Energy Architecture Performance Index Report and its aim is to assess the quality of national and global energy architecture. Read more…

Potpisi na SINCRO.GRID

Hajdrihova 2, 1000 Ljubljana

Potpisivanjem darovnice za PCI (Project of Common Interest) projekt SINCRO.GRID, između slovenskog operatora prijenosnog sustava, ELES-a, kao koordinatora projekta i INEA-e, danas je u Bruxellesu službeno odobreno sufinanciranje 51% projekta, koji se financira sredstvima CEF-a, programa potpore financiranja infrastrukturnih projekata. Read more…