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Osborne Clarke

£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:

  1. Understand the scope and significance of the Eastern Green Link (EGL1) project, including its budget, objectives, and route
  2. Understand Ofgem’s Accelerated Strategic Transmission Investment (ASTI) framework and its impact on energy transmission projects and consumer costs
  3. Identify the key dates and consultation processes for the EGL1 project, and the implications of planning permissions on project progression
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