Article summary
Ofgem has published its decision to implement a regulatory approval and funding framework for the onshore electricity transmission projects recommended in the Electricity System Operator (ESO)’s second transitional Centralised Strategic Network Plan (tC2NP2). This framework, which builds on the Accelerated Strategic Transmission Investment framework, enables Transmission Owners to progress recommended upgrades without delay. It will govern projects arising from ESO's proposal for a coordinated onshore and offshore network design, facilitating the connection of 21 gigawatts of additional offshore wind generation, and supporting the government's decarbonisation and net zero objectives. The framework also outlines the approval and funding processes for future projects in subsequent iterations of the ESO's network planning process.
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial