Electricity networks get green light for £17.9bn of investment

Electricity transmission networks have welcomed the approval of £17.9 billion of investment across 54 major projects as part of the latest annual Networks Options Assessment from National Grid Electricity System Operator (ESO). The ESO said the majority of the projects, which are not covered by baseline spending allowances under the RIIO T2 price controls and are still subject to regulatory approval by Ofgem, will be delivered by 2031.

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