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Viewing report
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Opportunities in Electricity Interconnection Capacity in Europe
Datamonitor, Dec 2011, Pages: 35
€100bn of investment in onshore and offshore high voltage transmission capacity in Europe is required over the next 10 years if European-level environmental and economic objectives are to be achieved.
Scope:
- Analysis of the drivers for, and barriers facing, interconnector projects in the European electricity market.
- Detailed tables of net transfer capacity, existing interconnector projects, and significant subsea interconnectors in Europe.
Highlights:
The increasing amount of variable renewable energy will be the main driver of interconnector demand.
Reasons to buy:
- Despite difficult economic conditions in Europe, the arguments for pressing ahead with interconnector projects should be kept in mind.
- Europe as a whole is better off with lower average generation costs.
- Reaching emission targets will require greater integration of renewables into the grid, and greater interconnection capacity between markets
- Interconnector capacity can offset some of the need for reserve plant capacity, again lowering costs.
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