Green recovery: Energy networks and Ofgem earmark £300m for green grid projects

Michael Holder
clock • 3 min read

Major new grid spending plan confirmed as networks look to help drive green recovery

Britain's energy networks are seeking shovel-ready projects and initiatives that can help decarbonise the electricity grid, offering a total pot of up to £300m in funding support as part of a green recovery...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Ambitious heat network rollout could save UK £161bn by 2050

Ambitious heat network rollout could save UK £161bn by 2050

District heating networks promise to cut generation costs and require less investment than individual air source heat pumps in every scenario tested by ADE Heat Networks

Stuart Stone
clock 25 February 2026 • 3 min read
Vattenfall secures green light for all-electric Bristol heat network

Vattenfall secures green light for all-electric Bristol heat network

Plans approved for giant heat pump at Bath Road Energy Centre that promises to provide low carbon heating and hot water to thousands of homes and businesses

James Murray
clock 24 February 2026 • 2 min read
CCUS: Report warns carbon capture projects still face challenging 'financing gap'

CCUS: Report warns carbon capture projects still face challenging 'financing gap'

Sustainable Markets Initiative sets out roadmap for the finance sector to better support carbon capture utilisation and storage development

Michael Holder
clock 19 February 2026 • 4 min read