{"id":351445,"date":"2024-11-17T10:05:51","date_gmt":"2024-11-17T09:05:51","guid":{"rendered":"https:\/\/climatescience.press\/?p=351445"},"modified":"2024-11-17T10:05:54","modified_gmt":"2024-11-17T09:05:54","slug":"uk-approves-2-5-billion-funding-for-power-link-to-north-sea-wind-farms","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=351445","title":{"rendered":"UK Approves $2.5 Billion Funding for Power Link to North Sea Wind\u00a0Farms"},"content":{"rendered":"
\n
\"\"<\/figure>\n<\/div>\n\n\n

<\/p>\n\n\n\n

From NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n

By Paul Homewood<\/p>\n\n\n\n

Just another couple of billions of your money!<\/strong><\/p>\n\n\n\n

From OilPrice.Com<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The UK\u2019s energy regulator Ofgem on Friday <\/em>awarded<\/em><\/a> a $2.5 billion (\u00a32 billion) funding package for a subsea and underground cable between Scotland and northern England that would give North Sea wind farms additional access to the grid.<\/em><\/p>\n\n\n\n

Eastern Green Link 1 (EGL1) will be a high voltage electricity superhighway able to transport 2 gigawatts (GW) of UK wind-generated electricity between Torness, East Lothian and Hawthorn Pit, County Durham. Most of the 196 km (122 miles) cable will be under the North Sea, with the remaining cables underground linking the cable to substations and converter stations in Scotland and England.<\/em><\/p>\n\n\n\n

\u201cThe project will reduce Great Britain\u2019s reliance on volatile international gas markets by further harnessing the power of homegrown North Sea wind,\u201d the regulator said in a statement.<\/em><\/p>\n\n\n\n

Eastern Green Link 1 is the second of 26 critical energy projects, worth an estimated $25.3 billion (\u00a320 billion), to successfully complete Ofgem\u2019s new fast track Accelerated Strategic Transmission Investment (ASTI) framework, the regulator said<\/em><\/p>\n\n\n\n

https:\/\/oilprice.com\/Latest-Energy-News\/World-News\/UK-Approves-25-Billion-Funding-for-Power-Link-to-North-Sea-Wind-Farms.html<\/a><\/p>\n\n\n\n

Forget the nonsense about \u201cvolatile gas markets\u201d. Gas prices sometimes go up, and sometimes they go down. But apart from a few months in 2022, gas fired power has been consistently cheaper than wind.<\/em><\/strong><\/p>\n\n\n\n

In other words, we are going to have \u00a320 billion added to our energy bills, in order to transmit expensive wind power!<\/em><\/strong><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Just another couple of billions of your money!<\/p>\n","protected":false},"author":121246920,"featured_media":351450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691831528,691831529,691831527],"class_list":{"0":"post-351445","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-2-5-billion-funding","9":"tag-eastern-green-link-1-egl1","10":"tag-north-sea-wind-farms","12":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/11\/0f2c67f151396207.630b8c323d7a6.jpg?fit=1400%2C1050&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1tqt","jetpack-related-posts":[{"id":401391,"url":"https:\/\/climatescience.press\/?p=401391","url_meta":{"origin":351445,"position":0},"title":"Wind Constraint Payments Could Hit \u00a312 Billion A Year Under Labour\u2019s 2030\u00a0Plan","author":"uwe.roland.gross","date":"11\/09\/2025","format":false,"excerpt":"We currently moan about having to pay a couple of hundred millions or so to persuade wind farms to switch off, but that will soon be the tip of the iceberg","rel":"","context":"In \"Clean Power 2030\"","block_context":{"text":"Clean Power 2030","link":"https:\/\/climatescience.press\/?tag=clean-power-2030"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/09\/AQOSg-GMAySmWroobLYZhIXmAPsh7qo3s9e4J2qLBSbf_hTbXBdOqhkkuJz-PePYfWrcTBts-kYbsmXH6E2EZ-vgungVg-yTK3PKGbuCJ37O10obrSY0ntpczCg85vC0wIY6Bz39nA65X-C2bWxcDs8t5rMrg.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/09\/AQOSg-GMAySmWroobLYZhIXmAPsh7qo3s9e4J2qLBSbf_hTbXBdOqhkkuJz-PePYfWrcTBts-kYbsmXH6E2EZ-vgungVg-yTK3PKGbuCJ37O10obrSY0ntpczCg85vC0wIY6Bz39nA65X-C2bWxcDs8t5rMrg.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/09\/AQOSg-GMAySmWroobLYZhIXmAPsh7qo3s9e4J2qLBSbf_hTbXBdOqhkkuJz-PePYfWrcTBts-kYbsmXH6E2EZ-vgungVg-yTK3PKGbuCJ37O10obrSY0ntpczCg85vC0wIY6Bz39nA65X-C2bWxcDs8t5rMrg.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/09\/AQOSg-GMAySmWroobLYZhIXmAPsh7qo3s9e4J2qLBSbf_hTbXBdOqhkkuJz-PePYfWrcTBts-kYbsmXH6E2EZ-vgungVg-yTK3PKGbuCJ37O10obrSY0ntpczCg85vC0wIY6Bz39nA65X-C2bWxcDs8t5rMrg.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/09\/AQOSg-GMAySmWroobLYZhIXmAPsh7qo3s9e4J2qLBSbf_hTbXBdOqhkkuJz-PePYfWrcTBts-kYbsmXH6E2EZ-vgungVg-yTK3PKGbuCJ37O10obrSY0ntpczCg85vC0wIY6Bz39nA65X-C2bWxcDs8t5rMrg.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":425167,"url":"https:\/\/climatescience.press\/?p=425167","url_meta":{"origin":351445,"position":1},"title":"Energy giant revives wind farm after Miliband\u2019s \u00a31.8bn subsidy blitz","author":"uwe.roland.gross","date":"08\/02\/2026","format":false,"excerpt":"\u00d8rsted, the Danish energy company and world's largest offshore wind developer, refers to a recent announcement to revive its Hornsea 4 project in the North Sea. This comes after UK Energy Secretary Ed Miliband (under the Labour government) rolled out a major subsidy package in January 2026 via the Contracts\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOk3_UEEODnDKNuFlAUAJkaWl9VdV05X5lzVS0Cm7oIb156LLN-fG2n8aZGcE8D-uYCw-JZm-IzkxK-RTvpyZRRMz7GK6Q5moyXxEkJAv7c3V3IxlxaK_gF-jA912n4.jpeg?fit=1200%2C697&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOk3_UEEODnDKNuFlAUAJkaWl9VdV05X5lzVS0Cm7oIb156LLN-fG2n8aZGcE8D-uYCw-JZm-IzkxK-RTvpyZRRMz7GK6Q5moyXxEkJAv7c3V3IxlxaK_gF-jA912n4.jpeg?fit=1200%2C697&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOk3_UEEODnDKNuFlAUAJkaWl9VdV05X5lzVS0Cm7oIb156LLN-fG2n8aZGcE8D-uYCw-JZm-IzkxK-RTvpyZRRMz7GK6Q5moyXxEkJAv7c3V3IxlxaK_gF-jA912n4.jpeg?fit=1200%2C697&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOk3_UEEODnDKNuFlAUAJkaWl9VdV05X5lzVS0Cm7oIb156LLN-fG2n8aZGcE8D-uYCw-JZm-IzkxK-RTvpyZRRMz7GK6Q5moyXxEkJAv7c3V3IxlxaK_gF-jA912n4.jpeg?fit=1200%2C697&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOk3_UEEODnDKNuFlAUAJkaWl9VdV05X5lzVS0Cm7oIb156LLN-fG2n8aZGcE8D-uYCw-JZm-IzkxK-RTvpyZRRMz7GK6Q5moyXxEkJAv7c3V3IxlxaK_gF-jA912n4.jpeg?fit=1200%2C697&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":288260,"url":"https:\/\/climatescience.press\/?p=288260","url_meta":{"origin":351445,"position":2},"title":"Offshore Wind Costs","author":"uwe.roland.gross","date":"20\/11\/2023","format":false,"excerpt":"The UK government has increased the strike price caps for the upcoming Contracts for Different round and committed to an offshore wind-only pot. The Administrative Strike Price for fixed-foundation bidders in Allocation Round 6 will be \u00a373 per megawatt-hour, up 66% on the \u00a344\/MWh in AR5 that failed to attract\u2026","rel":"","context":"In \"\u00a311 billion a year\"","block_context":{"text":"\u00a311 billion a year","link":"https:\/\/climatescience.press\/?tag=11-billion-a-year"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-483.png?fit=1200%2C1063&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-483.png?fit=1200%2C1063&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-483.png?fit=1200%2C1063&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-483.png?fit=1200%2C1063&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-483.png?fit=1200%2C1063&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":201782,"url":"https:\/\/climatescience.press\/?p=201782","url_meta":{"origin":351445,"position":3},"title":"Rishi Sunak plans raid on electricity and wind farm profits within a month","author":"uwe.roland.gross","date":"27\/05\/2022","format":false,"excerpt":"By Paul Homewood But here is the good news: From The Times: The chancellor is preparing to impose a windfall tax on electricity firms within weeks despite provoking a furious backlash from business yesterday by launching a \u00a35 billion raid on North Sea oil and gas producers.Rishi Sunak yesterday abandoned\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image-111.png?fit=682%2C352&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image-111.png?fit=682%2C352&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/05\/0image-111.png?fit=682%2C352&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":255382,"url":"https:\/\/climatescience.press\/?p=255382","url_meta":{"origin":351445,"position":4},"title":"Massive expansion of offshore wind power planned","author":"uwe.roland.gross","date":"30\/04\/2023","format":false,"excerpt":"The Belgian authorities want to triple the output by 2030. 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