Ofgem has approved Early Construction Funding (ECF) requests for the following two projects: i) Eight Scottish Hydro Electric Transmission Plc (SHET) electricity transmission projects; and ii) Sealink, a proposed NGET transmission project between Suffolk and Kent.
The projects are part of the Accelerated Strategic Transmission Investment (ASTI) framework, Ofgem’s streamlined process will help achieve the government’s clean power goals including connecting 43 – 50GW of offshore wind by 2030.
Commenting on the development, Beatrice Filkin, Ofgem Director of Major Projects, said, “Releasing early investment to suitable projects equips British Transmission Operators to compete globally, avoid delays caused by supply chain constraints and secure the sought-after materials and components to boost our energy security and power our homes and economy.”
