Advertisement
A new interconnector between the UK and Germany will deliver significant carbon benefits, an independent new report has shown, with the NeuConnect link helping deliver a 16 million t reduction in CO
2 – the equivalent of planting 28 million new trees or removing 400 000 cars off the road in a year.
NeuConnect is a privately-financed £1.4 billion interconnector that will create the first direct link between UK and German electricity networks, connecting two of Europe’s largest energy markets for the first time. Over 700 km of subsea cables will form an ‘invisible highway’ to allow 1.4 GW of electricity to flow in either direction, helping to deliver a more resilient and sustainable supply in the the two countries.
To embed, copy and paste the code into your website or blog:
The energy and infrastructure sectors continue to experience transformative changes at a high pace, a trend that Latham expects to sustain momentum for the foreseeable future.
Energy Sector
The global mega-trend of decarbonization had repercussions in Germany in 2020, most prominently displayed by the “
Coal Exit”. In July 2020, the German federal government passed legislation to end coal-fired power generation in Germany by 2038, and a decommissioning schedule for individual lignite power plants was agreed. For utilities, the legislation entailed challenging negotiations with the German federal government to reach agreement on the terms of this phase-out (previously covered in this Latham post). The Coal Exit will likely continue to accelerate the energy transition, with an ever-increasing share of renewables in the overall energy mix.
Allianz Global Investors cierra su fondo de inversión en 2020 al superar los mil millones cronicadecantabria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cronicadecantabria.com Daily Mail and Mail on Sunday newspapers.