No energy security
From the outset, the power from Mooir Vannin was intended for the UK grid. Talks of a possible direct supply — or an Ørsted-floated “price discount” of around 10–15% — remain unsigned options, and any retail price would still be set by Manx Utilities and Government. There's no guarantee we'd receive the power, gain real energy security, or see cheaper bills — and it won't help us meet our own 2030 clean-energy targets.
Bringing any of it ashore is estimated to cost Manx taxpayers £120M+ in capital alone. If Mooir Vannin land the undersea connector cable at Groudle Bay, Manx Utilities would need to connect there, carry it across to Pulrose and upgrade our grid to handle 100MW — plus ongoing balancing costs. That money could build our own renewables, for real energy resilience.
"Is OUR island bearing the burden for foreign grid capacity?"