Scotland’s electricity transfers to England worth more than £3 BILLION
From Energy Statistics for Scotland – Q3 2024, published today: Scotland is a net exporter of electricity. In 2023, the equivalent of 33.8% of electricity generated in Scotland was exported: 13.9 TWh to England and Wales, and 2.0 TWh to Northern Ireland. Scotland has seen a steady rise in the proportion of electricity generated from low-carbon sources from 49.4% in 2004 to 89.6% in 2023.1 According to EDF, 1 KWh is currently worth around 24p2. One TWh is 1 000 000 000 KWh So 1 TWh is worth around 1 000 000 000 times 24p or £240m. 13.9 TWh is … Continue reading Scotland’s electricity transfers to England worth more than £3 BILLION
