The UK and Norway have agreed to closer links on energy issues, including linking up the two countries’ electricity grids and more cooperation on wind power and carbon capture, utilization and storage.
The UK and Norway have agreed to closer links on energy issues, including linking up the two countries’ electricity grids and more cooperation on wind power and carbon capture, utilization and storage.
Norwegian minister for oil and energy, Tina Bru, and UK secretary of state for business, energy and industrial strategy, Kwasi Kwarteng, met in Oslo to discuss the interconnector North Sea Link, which will become operational in the autumn.
The UK and Norway are close to concluding a bilateral treaty on electricity interconnection, aimed at maximizing the benefits of efficient electricity trading. The treaty will also set out co-operation on electricity infrastructure which combines cross-border transmission with offshore wind in the North Sea.
This includes the development of carbon capture and storage – underpinned by the bilateral agreement signed in November 2018 – the development of hydrogen technologies, and offshore wind power.
‘We are close to finalising the agreement on power exchange. The agreement will contribute to predictable framework conditions for the exchange of power between our two countries. In addition, we have agreed to cooperate on development of offshore wind power and related infrastructure in the North Sea,’ said Bru.
Trading over the North Sea Link interconnector is scheduled to start later this year.
