'Smarter, fairer, cleaner': Ofgem moves to trim capital cost of smart grid rollout, sparking industry concerns

James Murray
clock
'Smarter, fairer, cleaner': Ofgem moves to trim capital cost of smart grid rollout, sparking industry concerns

Tweak to Ofgem rules promises to save consumers £45 a year, but industry fears sharp reduction in capital costs could jeopardise smart grid deployment

Ofgem has today put forward proposals to lower the cost of capital for energy network companies working to deploy a range of smart grid and low carbon infrastructure technologies. The proposals are...

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 developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • 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 Infrastructure

Nuclear power could be ready for a comeback, according to the IEA | Credit: iStock

IEA warns clean energy transition 'harder, riskier, and more expensive' without nuclear

International Energy Agency argues nuclear power can play a significant role in supporting transition to a renewables-dominated energy system worldwide

Michael Holder
clock 30 June 2022 • 4 min read
Credit: SSE Thermal

'Decarbonisation of the Humber': SSE Thermal and Equinor hail £341m deal as boost to zero carbon industrial plans

SSE Thermal and Equinor to expand power generation portfolio in support of plans to slash emissions across the UK's most carbon-intensive industrial region

clock 30 June 2022 • 3 min read
OEP launches investigation into government's response to sewer overflows

OEP launches investigation into government's response to sewer overflows

Role of Ofwat, the Environment Agency, and Environment Secretary in tackling water pollution is to be investigated by the Office for Environmental Protection

clock 29 June 2022 • 4 min read