Ofgem Accelerates GB Transmission Network Upgrades to Deliver Net-zero Targets
Ofgem Accelerates GB Transmission Network Upgrades to Deliver Net-zero Targets
Investment to complete 26 projects worth £20 billion by 2030 will support the electricity sector's decarbonisation drive.
The latest distribution pricing cycle (RIIO-ED2) started on 1 April in Great Britain, along with the implementation of transmission prices for the 2023-2024 year. These have commenced amid significant challenges for networks, not least the speed with which projects are able to connect to the grid. The queue of projects currently waiting to connect is understood to constitute three times Great Britain's peak power demand with offers being made for connection as far ahead as 2036.
This online course will provide an in-depth understanding of the Accelerated Strategic Transmission Investment (ASTI) initiative recently implemented by Ofgem in Great Britain to facilitate faster connections at the distribution level and support the decarbonisation of the electricity sector.
By the end of this course, you should be able to:
- Understand the challenges faced by the electricity sector in Great Britain in achieving decarbonization targets
- Understand the latest distribution pricing cycle (RIIO-ED2) and its implications for networks
- Describe Ofgem's accelerated strategic transmission investment (ASTI) initiative to speed up the delivery of transmission network upgrades