Ofgem··ReleaseEnergy & Grid
Ofgem approves £642m East Anglia grid upgrade after cutting cost
Ofgem has approved £642.1 million of funding for National Grid Electricity Transmission's Bramford to Twinstead project, linking Suffolk and Essex as part of the Great Grid Upgrade, after cutting the £702.7 million originally requested. The scheme covers 18km of new overhead line, 11km of underground cable and a new substation at Twinstead Green, and is intended to connect more low-carbon generation and cut wind curtailment payments.
Our readOfgem trimming more than a tenth off the asking price shows the regulator is willing to test network cost claims line by line rather than approve them automatically.
Read the announcement at Ofgem →
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