Power Beyond Borders: Why interconnectors are critical to the energy transition

In this episode of the Frontier podcast, Foresight hosts Dan Wells and Chris Holmes discuss the vital role of interconnectors in the energy transition with Simon Ludlam, CEO of Mares Connect. They explore how interconnectors facilitate a fully integrated energy market, enhancing energy security, enabling cross-border electricity flow, and supporting the integration of renewable energy sources. The conversation highlights the European Union's strategic prioritisation of interconnectors as part of its energy policy, underscoring their importance in achieving decarbonisation goals. However, significant investment in infrastructure is essential for scaling interconnector projects, as regulatory barriers and cross-border coordination challenges often delay project timelines and increase costs. Simon emphasises that MaresConnect is focused on leveraging wind patterns for energy export, optimising routes to align with peak renewable production times. While cable technology has advanced, it remains relatively mature, meaning most delays arise from regulatory hurdles rather than technical limitations. The discussion also touches on how hydrogen can complement interconnectors by providing an additional means of energy transport and storage, which could further bolster renewable energy integration. Finally, Simon shares a personal insight on how running provides him with a mental break that can help him land on innovative solutions for complex energy challenges. This episode provides a comprehensive look at the potential of interconnectors to bolster energy security, improve market efficiency, and drive global decarbonisation, while also underscoring the importance of thoughtful policy, investment, and collaboration to overcome obstacles in the sector. Visit foresight.group/frontier for more information. The podcast is for information purposes only and without limitation, does not constitute an offer, an invitation to offer or a recommendation to engage in any investment activity. Listeners should not construe the content of this podcast as investment advice and no reliance may be placed upon the content. The opinions of speakers are their personal opinions and not necessarily those of their respective companies. Foresight Group LLP is authorised and regulated by the Financial Conduct Authority (FRN 198020). Foresight's registered office is at The Shard, 32 London Bridge Street, London, SE1 9SG.