Ofgem doubles green power budget
28 August 2012
The chairman of the CIPS energy committee has welcomed the government’s move allowing electricity suppliers to spend more money hooking up renewable sources of energy.
Ofgem, the energy industry regulator, has almost doubled the amount of money – from £360 million to £560 million – that transmission companies Scottish and Southern, ScottishPower and National Grid Company can spend collectively to get power lines into remote areas to connect up renewable generation projects.
The move means that “more renewable energy could be...