Ofgem accelerates £4bn investment to future-proof UK energy

Ofgem is fast-tracking £4 billion to modernise the UK’s electricity grid, cutting red tape and unlocking supply chain bottlenecks. By allowing early-stage procurement, this move ensures grid upgrades happen faster, reducing financial risk and securing critical materials before global shortages drive up costs.

With 80 transmission projects needed to meet the UK’s 2030 clean energy goals, this streamlined funding will keep infrastructure projects on schedule, attract investment, and stabilise energy costs for businesses and households.

Read the full article to see what this means for the future of sustainable energy.