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UK announces commercial operations of longest land/subsea interconnector

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Re: UK announces commercial operations of longest land/subsea interconnector

#3
Re: cutting undersea cables. For critical infrastructure like this during cold war style conditions (i.e. Russian-NATO conflict), I wonder how pros/cons of public vs private ownership compare...

For example: I could imagine sabotaging public infra is more akin to an attack on the state (therefore disincentized). But on the other hand, I suspect private interests can be more clever in protecting their investment, because they can more readily pay for high mitigation costs when consequent losses would be high.

Anyone else know how to thing of the tradeoffs between public vs private infrastructure here?

Re: UK announces commercial operations of longest land/subsea interconnector

#8
post #2

Will this finally decrease some of these bills? Or will this just mean even more record profit for the energy companies?

“ It will bring more than £500 million in savings for UK consumers in the first ten years.”

If you believe that I have a monorail to sell you! Why pass onto consumers what you can take as profit.

Norwegian news is reporting that the price of electricity will increase a tiny amount (about £10-15 a year) in both Norway & the UK as an increased flow of power means more bidders for it, pushing the price up when power is scarce (which seems to be most of the time).

https://www.nrk.no/sorlandet/ny-kraftkabel-kan-fore-til-dyre...

Re: UK announces commercial operations of longest land/subsea interconnector

#9
post #3

Re: cutting undersea cables. For critical infrastructure like this during cold war style conditions (i.e. Russian-NATO conflict), I wonder how pros/cons of public vs private ownership compare... For example: I could imagine sabotaging public infra is more akin to an attack on the state (therefore disincentized). But on the other hand, I suspect private interests can be more clever in protecting their investment, beca…

AFAIK attacks on sufficiently important private infra is also considered an attack on the state. There is no meaningful difference, other than the scale of the attack and the importance of that infra.

The main defining factor in how the state responds to such an attack is whether escalation is in the interest of the victim. E.g. recent attacks on commercial ships in the Red Sea.

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