Eirgrid Announces Major Reduction in Cost of Grid Upgrade
EirGrid Chairperson Ms Bernie Gray stated that new technology, and the overall reduction in electricity demand, now meant that Grid25 could be delivered at a cost 20 per cent lower than previously estimated.
Ms Gray said that “Developing the grid is vital to support high quality power supplies in all regions, to facilitate renewable energy, and to enable high tech industries to be attracted and retained. We are constantly looking at delivering Grid25 as efficiently as possible and we are pleased to be able to confirm this reduction.”
The use ofnew technologies i.e. high-temperature-low-sag (HTLS) conductors for upgrading lines, will lead to significant cost reductions and improved delivery times for projects. As well as this, there has been an overall 5% reduction in demand since 2008. As a result, a small number of projects have been postponed pending future review.