Ofgem: Energy regulator Ofgem last week announced that 6 innovative projects are eligible to compete for a share of £64m in the second year of the £500m Low Carbon Networks (LCN) Fund. Ofgem set up the LCN Fund as part of the 2010-2015 electricity distribution price control.
It will encourage Britain’s electricity distribution network operators (DNOs) to develop projects that will help energy networks and energy consumers to make the crucial transition to a low carbon economy. The lessons learned from LCN Fund projects will be shared across the industry.
Ofgem: Green Energy Transmission (GET), a consortium comprising Equitix Ltd and AMP Capital Investors, together with Balfour Beatty Capital Limited has been selected by Ofgem EServe as the preferred bidder to own & operate the high voltage transmission link to the 500 MW Greater Gabbard offshore wind farm.