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A map showing the route of the cable
It is the first privately funded interconnector in Europe and will connect EirGrid s Great Island 220kV substation and the UK National Grid s Pembroke transmission substation, with separate applications required on both sides of the Irish sea.
Planning permission has been sought from An Bord Pleanála for a new converter station, tail station and MV substation at Great Island, 23km of high voltage direct current (HVDC) electricity cables, 420m of high voltage alternating current (HVAC) cables, 23.42km of fibre optic cable, 54 car parking spaces on the access road to Baginbun Beach and the provision of footpaths and street lighting in Ramsgrange village as community benefit projects along with various temporary construction, cable and drilling compounds, on an overall proposed development site of more than 200 acres.
January 4, 2021
Gas Line is a quarterly publication that looks at major news stories in global gas ranging from project development to markets and geopolitics. My goal is not to cover every story but to draw connections between stories across time and space in order to shed light on the major themes that will drive global gas markets in the years ahead. My main takeaways from this quarter:
An Unprecedented Rally in Gas Prices
The bottom line: When prices hit record lows, they have nowhere to go but up. But the rebound in prices has been remarkable, helping to offset a year in which most prices reached low points for extended periods of time. This rally, however durable, will provide some support for companies looking to make investment decisions in long-term supply, muting some of the fears expressed in this piece that the spread between U.S. gas prices and those overseas might never return to their previous extreme levels. At a bare minimum, this is a reminder that volatility is