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Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects

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Ofgem has launched a consultation on a proposed Advanced Procurement Mechanism (APM) that aims to invest between £5 billion and £8 billion to help Britain’s energy transmission owners reduce delays, control costs, and attract global investment in the transition to net zero. The consultation runs until December 18, 2024. The APM will allow transmission owners to procure essential equipment such as switchgear, cables, and steel years in advance, often before project finalization. This approach aims…

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Ofgem approves LionLink and Nautilus pilot projects for North Sea wind interconnectors

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The UK energy regulator, Ofgem, has approved the initial stages of two interconnector pilot projects, LionLink and Nautilus, aimed at linking the UK’s transmission network with offshore wind farms in the North Sea.  These “offshore hybrid assets” will connect UK, Dutch, and Belgian grids directly to offshore wind farms, delivering a combined capacity of 3.2 GW. National Grid is leading the projects in partnership with Dutch and Belgian transmission operators TenneT and Elia. Upon completion,…

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Ofgem urges faster grid connections for renewables in UK

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The UK’s Office of Gas and Electricity Markets (Ofgem) has called on network operators to expedite the connection of renewables, clean power, and storage projects to the grid.  In response to a backlog of 722 GW of projects awaiting connection, Ofgem has set forth proposals to streamline the process, prioritising projects ready to operate within five years to help meet the UK’s 2030 energy goals. Ofgem’s reform plan focuses on optimal project placement and voltage…