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A Memorandum of Understanding has been signed to complete a pre-feasibility study for the development, financing, construction and operation of a 5,000MW electricity transmission system which will export large-scale renewable energy generated from wind, from Ireland to the UK starting from 2017.

The companies involved are National Grid, which owns and manages energy networks in the UK and US; REN (Redes Energéticas Nacionais) Portugal’s Transmission and System Operator Concessionaire working in association with the State Grid Company of China as well as Mainstream Renewable Power which is leading the export project. Mainstream Renewable Power launched Energy Bridge in June of this year and has already secured an offer for 5,000MW of grid connection to the UK. The company is currently engaging with landowners in the midlands of Ireland to secure the land required to start constructing the first 1,200MW phase of the project with the aim of supplying this 1.2GW of energy to the UK by 2017.
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