UK Energy Regulator Approves Early Funding for Grid Projects, Bringing Fast-Tracked Count to 26 on May 12

GateNews

According to Ofgem, on May 12, the UK energy regulator approved early funding for additional grid projects, bringing the number of fast-tracked projects to 26. The approval covers transmission lines and upgrade works for Scottish power transmission projects. The early funding allows companies to secure critical materials such as heavy-duty cables and substation equipment in advance, helping mitigate delays caused by global supply chain bottlenecks affecting these sectors.

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