UK Fast-Tracks $5-Billion in Grid Infrastructure Investments

UK Fast-Tracks $5-Billion in Grid Infrastructure Investments

The UK’s energy regulator, Ofgem, on Thursday said a new set of rules are granting early access to nearly $5.18 billion (£4 billion) of investment for crucial transmission equipment and services, which is expected to connect renewable energy projects to the grid quicker. Ofgem’s new Advanced Procurement Mechanism (APM) will unblock supply chains by allowing Britain’s electricity transmission owners (TOs) to buy essential equipment – such as swit…

Unlocking renewables opportunities in Scotland | Manufacturing & Supply Chain

A public-private agreement has been reached to help expand operations and attract new investment at the Port of Montrose. A Scottish Enterprise grant of £3.2 million will support a £7.2 million project to acquire and develop land just under two miles from the port. The new strategically-important site, Montrose Port Industrial Park, will offer both existing and new companies greater flexibility to grow and adapt alongside Scotland’s thriving re…

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The government has revealed its plans to get Britain building again - some of them might just work

The UK government has published its planning and infrastructure bill, a cornerstone of its strategy for growth. The bill aims to “get Britain building again and deliver economic growth” and includes the hugely ambitious target of building 1.5 million homes in England over this parliament.The bill is ambitious in scope – 160 pages long and very technical. But what does it promise exactly?On infrastructure, it outlines reforms to limit vexatious r…

Ofgem cuts barriers to grid growth

Britain’s electricity grid is set for a major expansion after Ofgem approved £4 billion of accelerated investment to fast-track the delivery of high-voltage transmission projects. The regulator’s new Advanced Procurement Mechanism (APM) will allow National Grid, SSE and ScottishPower to secure essential equipment, materials and services years in advance, helping them avoid costly supply chain delays and start projects as soon as planning approva…

The UK’s energy regulator, Ofgem, has relaxed procurement rules to allow National Grid, SSE and ScottishPower transmission owners to accelerate a £4 billion investment in the power grid. The so-called Advanced Purchase Facility (APM) has been approved to allow network companies to address supply chain limitations by purchasing essential equipment, materials and services years in advance.