BRITAIN'S POWER TRANSMISSION INVESTMENT €11.6 BLN
ENERDATA - 3 Mar 2021 - The UK power transmission system operator (TSO) National Grid has accepted a price control proposal from the national energy regulator Ofgem, which should take effect from April 2021.The company will invest around £10bn (€11.6bn) in its power transmission network by 2026. However, National Grid will appeal to the Competition and Markets Authority (CMA) regarding Ofgem’s proposal to reduce the rate of return for network companies to 4.3%; National Grid previously suggested to limit the rate…
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