In 2017, Eirgrid published a generation adequacy report that showed Northern Ireland in a net deficit position by 2021.
This was partly the justification for the North South Interconnector :
But now in Eirgrid's most recent report, there is strangely no longer a capacity shortage for Northern Ireland :
It seems that Kilroot power station will be kept open for another few years. But even then, there is still no forecast deficit. This means that the only justification for the interconnector now is to ensure the iSem (All Island single electricity market) functions as a single market. But as Pat Swords showed, at a cost of € 286 million, the payback for the project would be around 25 years, something that would not stack up in the private sector.
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