COMPETITIVENESS OF RENEWABLE ENERGY FROM ICELAND VIA THE PROPOSED ICELAND /UK HVDC SUBMARINE CABLE LINK

This paper extends earlier work presented in IEEE papers to assess viability of connecting the UK, The Netherlands and Norway to the proposed Iceland/UK HVdc submarine cable link, and cost of delivered power to these countries should the connection go ahead. Likely profit from the development for el...

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Bibliographic Details
Published in:Electric machines and power systems 1998-11, Vol.26 (9), p.917-933
Main Authors: HAMMONS, T. J., LEE, K. O., CHEW, K. H., CHUA, T. C.
Format: Article
Language:English
Subjects:
Applied sciences
Electrical engineering. Electrical power engineering
Electrical power engineering
Exact sciences and technology
HVdc submarine cables
HVdc transmission
hydro power developments
Power networks and lines
Substations
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Summary:This paper extends earlier work presented in IEEE papers to assess viability of connecting the UK, The Netherlands and Norway to the proposed Iceland/UK HVdc submarine cable link, and cost of delivered power to these countries should the connection go ahead. Likely profit from the development for electricity supplied to the UK considering alternative routes, varying discount rates, possible carbon/fossil fuel levies, and fossil fuel emission constraints are illustrated in the comparisons that are made. It is concluded that power from Iceland is viable in all but the most exacting scenarios and the best landing point for the cable is the North of Scotland. There are no technical reasons why the Link should not proceed. There would not seem to be significant advantages in tying in existing national markets in The Netherlands and Norway at this time should the development go ahead. The Link should be designed for base-load operation at high load factor, and the most advantageous return on capital employed would probably be realised by independent operation of the development where contracts for the supply of electricity are negotiated direct with prospective customers in the UK and electricity is supplied to the Pool.
ISSN:0731-356X
1521-0502
DOI:10.1080/07313569808955867