£2 billion Provisional Budget for Fast-track Transmission Investment Project
£2 billion Provisional Budget for Fast-track Transmission Investment Project
In this course, we look at the £2 billion funding package for the EGL1 Fast Track Project; Ofgem's future price cap consultation; and the prioritisation of electricity transmission network charging reforms.
By the end of this course, you should be able to:
- Understand the scope and significance of the Eastern Green Link (EGL1) project, including its budget, objectives, and route
- Understand Ofgem’s Accelerated Strategic Transmission Investment (ASTI) framework and its impact on energy transmission projects and consumer costs
- Identify the key dates and consultation processes for the EGL1 project, and the implications of planning permissions on project progression