Browsing: Ofgem News
Ofgem’s recent approval promises increased energy capacity and security through offshore interconnectors, set to be operational by 2032.These interconnectors will collectively provide a capacity of up…
Ofgem has given the green light to five significant undersea power cables, marking a step forward in the UK’s energy strategy.The regulatory approval includes both interconnectors…
Reforms to the grid connection process aim to make energy projects more efficient.The traditional ‘first-come, first-served’ approach is being replaced to curb project delays.Connection offers will…
The latest funding round by Ofgem and Innovate UK has distributed £9.7 million to several innovative energy projects, spearheaded by National Grid and SSEN.These projects are…
The UK government initiates a groundbreaking investment scheme to boost long-duration energy storage, promising enhanced energy security and reduced reliance on fossil fuels.The Department for Energy…
A substantial effort to streamline the UK’s grid connectivity process has resulted in the elimination of 10GW of ‘zombie’ electricity projects from the queue. These projects,…
Construction has commenced on the ambitious £4.3bn Eastern Green Link 2 (EGL2) offshore interconnector, marking a significant step in the UK’s energy infrastructure.EGL2 is set to…
National Grid has appointed nine firms to facilitate community engagement for its 17 Great Grid Upgrade projects, crucial for enhancing Britain’s electricity infrastructure.The projects aim to…
The UK’s most ambitious energy transmission project has seen its costs soar by £1.3 billion, yet approval has been granted.A significant increase in the budget, from…
Ofgem has sanctioned a colossal £3.4bn investment for the England-Scotland offshore HVDC link, marking the UK’s largest electricity transmission project to date.This undertaking is a joint…
Amadeus House 27b Floral Street London WC2E 9DP United Kingdom
editor@financial-news.co.uk.
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.