Ofgem consults fund to speed up UK power projects Business The new scheme would provide billions of pounds to help owners cut delays, bring down costs and attract international investment, Ofgem said.
National Grid set to earn windfall from Electricity System Operator sale Energy National Grid has said it expects to earn roughly £70m more than previously anticipated from its Electricity System Operator (ESO), which it sold to the government last month.
Britain’s last coal-fired power station set to close in landmark moment Energy The UK’s last remaining coal-fired power station is to shut at the end of September, drawing to a close Britain’s 142-year reliance on the fossil fuel to produce electricity. Ratcliffe-on-Soar power station has been generating electricity since 1968 via its four coal-fired boilers, eight vast cooling towers and 199-metre tall chimney, which occupies a prominent [...]
Balfour Beatty awarded part of National Grid’s upgrade project September 13, 2024 International infrastructure group Balfour Beatty has been awarded a £363m contract as part of National Grid’s RIIO-2 framework. The contract is part of the Bamford to Twinstead Reinforcement project, which aims to reinforce East Anglia’s electricity network as part of the country’s green energy build-out. The company will replace the existing electricity network with a [...]
UK’s largest electricity transmission project gets green light from Ofgem August 13, 2024 The £3.4bn Eastern Green Link Two, described as a subsea "superhighway," will run for 436km between Yorkshire and North-East Scotland.
Energy secretary decries Labour’s ambition to de-carbonise the UK electricity grid as ‘pure politics’ March 12, 2024 Speaking at international affairs think-tank Chatham House, Coutinho denied accusations from journalists and the audience that energy policy was being used as a political football and insisted the conservative road map was based on facts.