80 energy projects unlocked as Ofgem backs grid expansion
Construction Enquirer
JULY 1, 2025
Ofgem has approved an initial £24bn five-year funding package to keep the UK’s gas infrastructure running safely and to begin a major upgrade of Britain’s electricity supergrid. The move follows months of cost scrutiny by the regulator, which slashed over £8bn from company bids – around 26% – to keep spending efficient and protect consumers.
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