Transmission link to London Array sold for £459m

The three owners of the 630MW London Array (pictured) have agreed to sell a transmission link to the offshore wind farm for £459 million. Four bidders competed to own and operate the link through Ofgem’s tender process and Blue Transmission London Array was granted the licence for the biggest offshore project in the world, which […]

Major networks upgrade to add £12 on energy bills

Britain’s gas and electricity networks are set to undergo a major upgrade under new plans announced by Ofgem today – adding an extra £12 on household bills. The announcement will enable £24.2 billion for new and upgraded infrastructure up to 2021, more than the £22.7 billion proposed by the regulator earlier this year. The figure […]

Ofgem’s upgrade could add £11 to energy bills

Household energy bills could rise by an average of £11 by the next decade following plans to upgrade Britain’s electricity and gas networks. Ofgem announced its £22 billion proposals today, which includes the renewal of the electricity network in England and Wales and the gas networks across the country, which are operated by National Grid. […]

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