Billion-pound Viking Link launches: Powering up 2.5m UK homes

Viking Link

National Grid has officially inaugurated Viking Link, a £1.8 billion project connecting the UK with Denmark, representing a notable development in renewable energy infrastructure.

Spanning 475 miles, Viking Link aims to provide clean energy to 2.5 million UK households.

The project is expected to bring £5.2 billion in consumer benefits over 25 years, underscoring its economic and sustainability impact

Group Chief Executive Officer of National Grid John Pettigrew said: “In an ever-changing global energy market, the value that connections like Viking Link can provide to national energy security cannot be understated.

“Over its lifespan, this record-breaking connection will deliver over five billion pounds in efficiencies for UK consumers, allow us to trade hundreds of gigawatts in surplus power, and provide an indispensable tool in guaranteeing the continued reliability of our energy system.”

Energy Security Secretary Claire Coutinho said: “At 475 miles long, Viking Link is the world’s longest land and subsea interconnector. This incredible feat of engineering will help us achieve net zero while strengthening our shared energy security.

“The record-breaking connection will power up to 2.5 million UK homes with clean energy from a trusted ally while saving consumers £500 million on their energy bills.”

The post Billion-pound Viking Link launches: Powering up 2.5m UK homes appeared first on Energy Live News.

Source: Energylivenews.com

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About Stu Turley 3363 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.