The Anonymous Widower

How Clean Energy And Jobs Can Flow From Morocco to The UK

The title of this post, is the same as that of this article in The Times.

  • The article has been written by Simon Morrish, who is the founder and CEO of Xlinks.
  •  The article is about his plans to build a 10.5 GW solar and wind power complex in Morocco and connect it to the UK, by an undersea power cable running up the coasts of Morocco, Spain, Portugal and France.
  • This page on the Xlinks web site gives details of the project.

These are some points from the article.

Relationship With The Exchequer

He makes these points about the projects relationship with the Exchequer.

  • The company will be a net contributor.
  • The project will not require government subsidy of finance.
  • Energy will be delivered under the Contract for Difference (CfD) price of £48/MWh.
  • This compares with a CfD price of £92/MWh for Hinckley Point C.

Simon Morrish also claims they will be energised before Hinckley Point C.

That sounds good to me.

Finance

I wonder if at the CfD price quoted in the  article, could this mean that this is a project that could be financed in the City of London or from a Sovereign Wealth Fund?

As Simon  is confident the project can be completed before Hinckley Point C, I suspect that the finance might be in place, even if it hasn’t been signed off.

The 20GWh/5GW Battery

Simon says this about the battery.

Alongside the consistent output from its solar panels and wind turbines, a 20GWh/5GW battery facility will ensure power generated can be delivered every day, resulting in a dedicated, near-constant source of flexible and predictable renewable energy, designed to complement renewable energy generated in the UK.

In Moroccan Solar-Plus-Wind To Be Linked To GB In ‘Ground-Breaking’ Xlinks Project, I forecast that the battery would be from Highview Power, but given the delivery date before Hinckley Point C, I would suspect that Xlinks have a battery supplier in mind.

Employment Benefits

Simon says this about employment benefits.

Thousands of jobs will be created in Morocco and also at home.

If the project goes ahead, given its size, I don’t think many would disagree with that.

Simon also claims the project will create 1350 permanent jobs by 2024. Sites mentioned include Hunterston, Port Talbot and the North East of England.

Simon’s Conclusion

This is Simon’s conclusion about the project.

I love the idea of clean electricity flowing, all the way from Morocco to the UK. I hope it may inspire other ambitious renewable energy projects too — which, together, will provide clean, secure and stable energy, at affordable prices, for businesses and households to rely on and help to protect this special planet.

If you can, I suggest you read the full article on The Times.

Conclusion

The more I read about this project, the more I tilt towards it being feasble

Engineering is the science of the possible, whereas politics is dreads of the impossible.

September 29, 2021 - Posted by | Energy, Energy Storage, Finance | , , , ,

1 Comment »

  1. […] weeks ago, in How Clean Energy And Jobs Can Flow From Morocco to The UK, I talked about a plan to generate electricity using solar arrays in Southern Morocco and use an […]

    Pingback by Sun Cable’s Australia-Asia PowerLink « The Anonymous Widower | October 12, 2021 | Reply


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