UK could be net energy exporter
A new study by analyst Cornwall Insight suggest that Great Britain could become a net exporter of electricity by the 2040s.
This would be driven by the UK’s leading progress in wind power generation and interconnections with other EU nations.
James Brabben, wholesale manager at Cornwall Insight, said to Electrical Review, “GB becoming a net exporter of power would be a real reversal of roles compared to the past decade. Our modelling of GB and EU markets shows how convergence in the generation mix of power markets across Europe will see more volatile flows over interconnectors.
“GB’s comparative advantage for offshore wind resources supports a vast build-out of the technology and could see greater flows of power to Europe as a result.”