Britain spending record £250m a month on electricity imports
September 9, 2024
By Paul Homewood
Britain is importing record amounts of electricity from abroad at a cost of £250m a month following the closure of coal-fired and nuclear power stations, new analysis shows.
Some 20pc of the grid’s power needs were met through interconnectors with neighbouring countries during the second quarter of this year, according to energy company Drax.
The amount of power imported from abroad was double the volume generated by wind and solar farms, at about 12.2 terawatt hours. It was also about four times the amount of power exported.
Drax said the gross cost of importing power currently amounted to more than £250m per month – equivalent to about £3bn if sustained over a year.
The company said the rising use of interconnectors followed the closure of many of Britain’s ageing coal and nuclear power stations.
https://notalotofpeopleknowthat.wordpress.com/2024/09/09/britain-spending-record-250m-a-month-on-electricity-imports/
