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£2 billion Provisional Budget for Fast-track Transmission Investment Project
£2 billion Provisional Budget for Fast-track Transmission Investment Project
Level
Beginner
Duration
4 minutes
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In this course, we look at the £2 billion funding package for the EGL1 Fast Track Project; Ofgem's future price cap consultation; and the prioritisation of electricity transmission network charging reforms.
Learning Outcomes
Learning Outcomes
By the end of this course, you should be able to:
• Understand the scope and significance of the Eastern Green Link (EGL1) project, including its budget, objectives, and route
• Understand Ofgem’s Accelerated Strategic Transmission Investment (ASTI) framework and its impact on energy transmission projects and consumer costs
• Identify the key dates and consultation processes for the EGL1 project, and the implications of planning permissions on project progression
