Ofgem fires starting pistol on £31bn green network upgrade

James S Murray
clock

Price control agreement comes into effect, allowing network companies to move forward with ambitious low-carbon network overhaul

Ofgem has kicked off a long-awaited new regulatory regime for the UK's energy networks which should enable more than £31bn of infrastructure investment designed to support the transition to a low-carbon...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

England's water industry continues to face tough questions over its environmental performance | Credit: iStock

'Record-breaking investment': Water sector seeks hike in bills to fund £96bn improvement plan

Households to face higher bills under water sector proposals to deliver record investment to tackle pollution and boost security of supply

Michael Holder
clock 02 October 2023 • 7 min read
'Misguided': £1.5tr investor group slams government over green policy rollback

'Misguided': £1.5tr investor group slams government over green policy rollback

Dozens of firms sign letter to Prime Minister warning that watering down decarbonisation policies will hurt inward investment into UK

Cecilia Keating, James Baxter-Derrington
clock 29 September 2023 • 3 min read
Credit: iStock

PPA advisory specialist Pexapark raises €20m in latest funding round

Company said new funding from Telstra Ventures, Swisscom Ventures, and A&G Energy Tech Transition Fund will support the next phase in its expansion

clock 27 September 2023 • 3 min read