Alex Allinson believes energy security is vital following massive price increases prompted by world events
The treasury minister says government is going to have 'significant costs' ahead as the Isle of Man pushes towards renewable energy.
Alex Allinson says price shocks prompted by global events highlight the need for energy security.
The Island’s interconnector to the UK, now nearly 20 years old, is set to play a key role in plans to fully decarbonise electricity by 2030.
However, the upgrade is expected to cost more than £100 million:
Plans submitted for temporary base for Douglas RNLI
Work underway to remove asbestos from former Golf Links Hotel
Police raise welfare concerns about vehicle occupant
New EV charging points planned for Island's ports
