Former Enemalta chairman calls for increased capacity interconnector

The former Enemalta chairman, Alex Tranter, said today that in the future it would be cheaper to import electricity than producing it here, and it would be better to expand the capacity of the interconnector rather than build a new power station. Writing in The Sunday Times, Mr Tranter said the PL proposals were positive in that they involved the private sector and also placed some focus on solar energy. He however warned that 10-year hedging of gas prices would come at a high cost and building a new power station would take more than the timeframes set by Labour. He also argues that a gas pipeline would be better than an LNG terminal. Mr Tranter also queries the future of Enemalta’s employees once the new power station will not be operated by them. Full story in The Sunday Times See also: Ragusa Council, NGO oppose Malta interconnector - http://www.timesofmalta.com/articles/view/20130113/local/ragusa-council-opposes-malta-interconnector.452989