Energy networks and Ofgem offer up to £300m for green grid projects
Funding bids will be assessed on value for money, short term grid capacity utilisation and how quickly the infrastructure and solutions can be completed, in support of the UK’s 2050 net zero goal
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An investment of up to £300 million is available for the decarbonisation of the electricity grid under plans drawn up for a green recovery by electricity network companies and Ofgem.
Members of the Energy Networks Association (ENA) are working closely with the regulator to unlock early investment in the grid to support “technologies of tomorrow” to be delivered quickly, helping drive green jobs and green growth across the UK.