Beyond 2030 electricity grid consultation welcomed

Source: www.gulfoilandgas.com 8/2/2024, Location: Europe

Two people climbing an electrical transmission tower, wearing personal protection equipment. Behind the tower is a rugged landscape in Britain.

Ofgem has published its consultation on the Electricity System Operator (ESO)'s Beyond 2030 report. The consultation contains its proposals and funding framework for the projects. This is a significant next step in unlocking investment in the UK's grid infrastructure.

Major transmission network investments are essential to reach net zero. The Beyond 2030 plan outlines projects that will enable the connection of low-carbon technologies. This includes connecting with all the ScotWind offshore wind projects. The projects must be delivered by 2035 to meet the UK government's sixth Carbon Budget.

Investing in the north of Scotland
In the north of Scotland, the potential estimated investment for SSEN Transmission is over £5bn. SSEN Transmission will deliver the Shetland Hub, DSUP and PKUP projects (detailed in the table below). A further announcement will be made in the coming weeks about the remaining BKUP project. The publication of the consultation enables the ongoing development of critical network investments.

"We welcome the launch of Ofgem’s consultation on the proposed ‘Beyond 2030’ grid enhancements which is the next step in determining how these essential projects can be taken forwards.

Today’s consultation launch reaffirms the need for these projects and underlines the importance of investment in the electricity transmission network to reach national energy targets, while also offering further clarity on our post-2030 growth plans.

We hope this consultation will allow for an accelerated approach to regulatory financial frameworks so we can deliver on the new government’s ambitious energy emission targets too.

We now look forward to a timely decision from Ofgem and will continue to work constructively with the regulator and wider stakeholders to unlock the investment required for these vital projects to help us reach net zero." Rob McDonald, Managing Director, SSEN Transmission


Mauritania >>  9/16/2024 - Mauritania-Mali Electricity Interconnection Project Set to Power Sahel Region Poised to harness the Sahel region’s immense solar potential, the 225 k...
South Africa >>  9/13/2024 - Eskom and Maluti-a-Phofung local municipality (MAP) in the Free State are progressing a collaborative venture aimed at restoring the sustainability of...

United Kingdom >>  9/13/2024 - Energy Secretary Ed Miliband has confirmed today that the National Energy System Operator (NESO) will launch on 1 October following the government agr...
Australia >>  9/12/2024 - - Neoen and SmartestEnergy have signed a 4-year power purchase agreement (PPA) for 50% of the output from Culcairn Solar Farm
- Culcairn Solar F...


Belgium >>  9/12/2024 - Five years ago, Elia Transmission Belgium commissioned the Modular Offshore Grid (MOG), the first power hub in the North Sea, in the presence of His M...
Canada >>  9/10/2024 - Clear Blue Technologies International Inc. (“Clear Blue”), a leader in Smart Power, is pleased to announce the execution of a Notice of Award agreemen...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.