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Ofgem to fast-track £4bn investment in UK electricity grid

Summary by City AM

Ofgem has announced plans to fast-track around £4bn of investment into expanding the UK’s electricity transmission network as it looks to decarbonise the grid by 2030. The Advanced Procurement Mechanism (APM) will enable signed-off projects to “break ground as soon as planning approval is granted,” the energy regulator said in a statement on Thursday. It is the latest move by officials to free up the UK’s planning system. The target is to produc…

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City AM

Ofgem to fast-track £4bn investment in UK electricity grid

14 days ago·London, United Kingdom

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evwind.es

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Yorkshire Times

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UK Construction Online

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