{"id":116026,"title":"Ofgem has approved a £3.4 billion electricity “superhighway” linking Scotland and England.","publisher":"Share Talk","author":"sharetalk","published":"2024-08-13T09:02:43+00:00","modified":"2024-08-13T09:02:43+00:00","canonical_url":"https://www.share-talk.com/ofgem-has-approved-a-3-4-billion-electricity-superhighway-linking-scotland-and-england/","markdown_url":"https://www.share-talk.com/ofgem-has-approved-a-3-4-billion-electricity-superhighway-linking-scotland-and-england.md","json_url":"https://www.share-talk.com/ofgem-has-approved-a-3-4-billion-electricity-superhighway-linking-scotland-and-england.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Energy","Technology","Technology, Media & Telecoms"],"tags":["Bank of England","bills","ENERGY","finances","gas","GDP","generators","Good Energy","households","National Grid","Octopus","Ofgem","public","Scotland","Share Talk","SO Energy","superhighway","suppliers","Tax","taxes","UK","Windfall"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/08/Energy-companies-accused-of-using-smart-meters-for-disconnecting-customers-through-the-back-door-750x406-1.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"**£3.4bn Electricity ‘Superhighway’ Between Scotland and England Approved**\n\nEnergy regulator Ofgem has given the green light to a £3.4 billion electricity “superhighway” between Scotland and England, marking the largest single investment in Britain’s electricity transmission infrastructure.\n\nThe 311-mile Eastern Green Link 2 (EGL2) project will extend from Aberdeenshire to North Yorkshire, transporting substantial amounts of renewable energy between the two regions.\n\nThis joint venture between Scottish and Southern Electricity Networks and National Grid aims to modernize the electricity grid to meet the increased demands of the green transition.\n\nThe new network capacity will carry enough renewable electricity to power two million homes, with Ofgem dubbing it a “superhighway.” The extensive new interconnector cable will move two gigawatts of electricity between Scotland and England, facilitating the latter’s access to offshore wind energy from North Sea wind farms.\n\nChief executive Jonathan Brearley stated:\n\n“Ofgem is fully committed to supporting the Government’s goal of achieving clean power by 2030. Today’s announcement is a further step in putting the regulatory systems and processes in place to expedite network regulation to achieve this aim.”"}