80 energy projects unlocked as Ofgem backs grid expansion
Construction Enquirer
JULY 1, 2025
The decision kicks off the RIIO-3 price control period from 2026 to 2031 and includes funding for 80 electricity transmission projects aimed at connecting up to 126GW of clean energy capacity by 2030. A 6% equity return cap was also imposed on private investors. Doing nothing is not an option and will cost consumers more.”
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