{"id":59340,"date":"2021-09-17T07:10:49","date_gmt":"2021-09-17T12:10:49","guid":{"rendered":"https:\/\/olduvai.ca\/?p=59340"},"modified":"2021-09-17T07:10:49","modified_gmt":"2021-09-17T12:10:49","slug":"fire-at-uk-france-subsea-power-cable-could-trigger-winter-blackouts","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=59340","title":{"rendered":"Fire At UK-France Subsea Power Cable Could Trigger Winter Blackouts"},"content":{"rendered":"<header class=\"ArticleFull_header__11o5_\">\n<h3 class=\"ArticleFull_title__2cUI6\"><a href=\"https:\/\/www.zerohedge.com\/commodities\/fire-uk-france-subsea-power-cable-could-trigger-winter-blackouts\">Fire At UK-France Subsea Power Cable Could Trigger Winter Blackouts<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__38L44\">\n<div class=\"NodeContent_body__2clki NodeBody_container__1M6aJ\">\n<p>A fire in a subsea cable has dramatically reduced power imports from France until March, U.K.&#8217;s National Grid Plc said, deepening the energy crisis that threatens winter blackouts for millions.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_4c3a8a3a.png?itok=IYmFVOKI\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_4c3a8a3a.png?itok=IYmFVOKI\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_4c3a8a3a.png?itok=IYmFVOKI\" alt=\"\" width=\"500\" height=\"255\" data-entity-type=\"file\" data-entity-uuid=\"594f2ad4-a897-4f5f-8ec3-853531895347\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>The timing couldn&#8217;t be worse. Before the fire, the U.K. was already experiencing a five-year low in spare winter capacity. Compound this with\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/european-gas-prices-continue-parabolic-rise-eu-debates-nord-stream-2-certification\">gas shortages<\/a>\u00a0and the lack of renewable energy sources, sending power prices on a record-breaking run. The country may experience grid chaos in the coming months.<\/p>\n<div class=\"Advert_desktop__1J5vD Advert_tablet__3QEBr Advert_mobile__1rlLc Advert_placement__1I4yb Advert_align__N0_fw\">\n<aside id=\"in-content-video\" class=\"Advert_verticallySpaced__wnPy3\" data-google-query-id=\"CKWr4ML2hfMCFRWBxwodtekFOg\">\n<div id=\"google_ads_iframe_\/21841313772,21778456762\/zerohedge\/in_content_video_0__container__\"><\/div>\n<\/aside>\n<\/div>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_4c3da526.png?itok=t8H5_fOU\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_4c3da526.png?itok=t8H5_fOU\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_4c3da526.png?itok=t8H5_fOU\" alt=\"\" width=\"500\" height=\"273\" data-entity-type=\"file\" data-entity-uuid=\"73646707-8e09-418a-aeda-48e8aee196b6\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p><em>&#8220;If we don&#8217;t start to remedy the situation, we are going to be facing blackouts this winter,&#8221; Catherine Newman, chief executive officer of Limejump Ltd., a unit of Royal Dutch Shell Plc, told\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-09-15\/u-k-gets-closer-to-winter-blackouts-after-fire-knocks-out-cable?sref=RJ2RlMrh\">Bloomberg<\/a>\u00a0on Thursday. &#8220;If things don&#8217;t start to reverse soon, we will see the industry getting turned off across the board.&#8221;<\/em><\/p>\n<p><em>&#8220;If anything goes wrong, we might not have anything left in the back pocket,&#8221; said Tom Edwards, a consultant at Cornwall Insight Ltd., an adviser to the government and utilities. &#8220;If a nuke trips offline or something else big, that could cause issues because we might not have anything to replace it.&#8221;<\/em><\/p>\n<p>Britain receives power via six subsea cables, and two of them are connected to France&#8217;s power grids of more than 56 nuclear power plants.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_4c3a2d74.png?itok=7dMfm6EH\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_4c3a2d74.png?itok=7dMfm6EH\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_4c3a2d74.png?itok=7dMfm6EH\" alt=\"\" width=\"500\" height=\"362\" data-entity-type=\"file\" data-entity-uuid=\"464b609d-a92c-4c07-817f-723a0a7ce4b2\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>The cable&#8217;s total capacity will be shut off until March 2022. The shortage is expected to exacerbate power price volatility when peak demand is seen in the winter months.<\/p>\n<blockquote><p><em>&#8220;The outage is going to lift the potential for price volatility as long as its offline,&#8221; said Glenn Rickson, head of power analysis at S&amp;P Global Platts.\u00a0<\/em><\/p><\/blockquote>\n<p>The compounding energy crunch is fueling concerns about inflation when the economy is still recovering from the pandemic.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fire At UK-France Subsea Power Cable Could Trigger Winter Blackouts A fire in a subsea cable has dramatically reduced power imports from France until March, U.K.&#8217;s National Grid Plc said, deepening the energy crisis that threatens winter blackouts for millions. The timing couldn&#8217;t be worse. Before the fire, the U.K. was already experiencing a five-year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[79,333,31772,1575,820,2080,4318],"class_list":["post-59340","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-blackouts","tag-france","tag-power-cable","tag-power-loss","tag-uk","tag-united-kingdom","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59340"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59340\/revisions"}],"predecessor-version":[{"id":59341,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59340\/revisions\/59341"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}