In a new white paper, Navigant provides an analysis of stakeholder views on a North Sea Grid
Navigant provides an early stage overview of the current development of a North Sea Grid. Based on an analysis of stakeholder views, our experts present a white paper that highlights the main barriers and benefits stakeholders identify for an integrated offshore grid in the North Sea region.
An integrated offshore grid in the North Sea could bring significant financial, technical, and environmental benefits to the bordering countries and the EU as a whole. Yet a project of this scale would also need to overcome significant challenges before any benefits could be realized. These challenges include regulation, financing, and uncertainty over risks and impacts. Crucial to the success of the project will be consensus and alignment among stakeholders on how to address these questions.
Navigant has a long track record in advising leading utilities and working with many of the stakeholders involved in the development of the North Sea Grid. The current analysis is the first in a series of thought leadership pieces on the potential of a North Sea offshore powerhouse.