Tue 23rd Jan 2018
NI Chamber welcomes North South Interconnector planning approval
Northern Ireland Chamber of Commerce and Industry (NI Chamber) has welcomed today’s decision by the Department for Infrastructure to approve planning permission for the NI section of North South Interconnector.
Ellvena Graham, President of NI Chamber, said:
“The delivery of the North South Interconnector has been amongst the top infrastructure priorities for our members since 2009.
“We therefore welcome the department’s decision to grant permission for the project despite the lack of an Infrastructure Minister at Stormont – an action which will significantly speed up the delivery of the project.
“The North South Interconnector is urgently required to improve security of electricity supply in Northern Ireland. To this regard, the timely delivery of the proposed interconnector will allow the all-island wholesale electricity market to work more efficiently, enabling wider competition between power generators and electricity suppliers throughout the island, and therefore ensuring that future electricity prices will be as competitive as possible.
“Businesses and employers need access to electricity in the most cost efficient manner possible, and the Interconnector is key to achieving this.”