Negative
Setback or risk materialised
Medium Impact
Significant progress or notable issue
In 2023 the North Sea Link’s licensed maximum transfer capacity was reduced from 1,400 MW to 1,100 MW under licence conditions. The reduction constrained the bi-directional transfer capability of the UK–Norway HVDC interconnector, lowering available cross‑border capacity and reducing the link’s potential to support price convergence between the two markets during tight system conditions. The restriction stemmed from licence/regulatory conditions rather than a one-off outage and remained a defining operational constraint for the link in 2023.