Accordingto the figures, if Britain could step up from its current four interconnectors,which have a combined 4GW capacity, to a fleet with a total throughput potentialof 8-9GW, it could cut wholesale power prices by as much as 2%.
Itwould also take the UK closer to the European benchmark of havinginterconnectors making up 10% of generation capacity.
“Increasingthe number of interconnectors to Europe is one of my priorities, as it willhelp reduce consumer bills and add to Britain's energy security,” says UKsecretary of state for energy Ed Davey.
