Interconnector with Iceland could ease energy shortfall

It might sound ambitious, but having an interconnector – a high-voltage, direct current (DC) undersea cable – between the UK and Iceland is technically possible and economically desirable. Indeed, other interconnectors are already proving their worth. With coal-fired power stations closing and new nuclear stations still on the drawing board, the UK faces an energy shortfall that interconnectors can meet relatively quickly. They also offer a contingency, with developers interested in opportunities for arbitrage – being paid to alleviate daily and seasonal peaks in demand – through interconnectors.