Ofgem eyes investment fund worth up to £8bn to speed up clean power grid build-out

Michael Holder
clock • 3 min read
Credit: iStock
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Credit: iStock

Britain's energy market regulator consults on Advanced Procurement Mechanism to provide allowances for transmission owners to purchase much-needed equipment and materials

Ofgem is plotting a new investment fund that would funnel between £5bn and £8bn towards cutting delays in the build-out of electricity transmission infrastructure needed to support the UK's transition...

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