Member Login
中文站 English Français Русский Español العربية Português Deutsch
All Categories
Index Products Supplier Investment & development Bulletin Video
Home Bulletin detail

Ofgem Proposes £8BN Fund to Accelerate Clean Energy Projects

2024-11-21 11:07

Wedoany.com Report-Nov 21, Ofgem is consulting on a new investment fund worth up to £8 billion to help Britain’s energy transmission owners speed up clean energy projects and cut costs

Ofgem has unveiled plans for a multi-billion-pound fund to accelerate Britain’s transition to clean energy and tackle supply chain delays.

The proposed Advanced Procurement Mechanism (APM), with a value of between £5 billion and £8 billion, would allow energy transmission companies to buy critical materials like steel, cables and switchgear years before they are needed.

The fund aims to ensure projects are ready to start construction as soon as planning permissions are granted, avoiding delays caused by rising global demand for infrastructure materials.

By securing these items in advance, transmission owners could also control costs, as prices for essential components steadily increase.

Ofgem has committed to strict governance for the fund, ensuring it is used only for its intended purpose, with any unused funds returned to consumers.

The consultation on the APM runs until 18th December 2024.

If approved, the mechanism is set to come into effect in early 2025.

Europe UK Environmental friendly

UK / Ofgem / Clean Energy

This newsletter is compiled and reprinted from the global Internet and strategic partner information, and it is only for readers' communication. If there are any infringements or other issues, please inform us timely, this site will be modified or deleted. Email: news@wedoany.com
Negotiable
6000mAh super capacitor battery 21700 electronic spray 4.2V6000F electric logistics vehicle electric two wheeled tricycle battery flashlight electric toy car
Negotiable
Processing customized supercapacitor battery 4V 4.2V starting power module 2400F 2600F new energy battery vehicle electric two wheeled three wheeled four wheeled vehicle, etc
Negotiable
4.2V supercapacitor battery 2000F electric vehicle can be used about 20000 times. Application scenarios can be selected and customized
Negotiable
Original factory direct sales energy storage group 3.6V2000F graphene supercapacitor 2.7V 3000F Farad supercapacitor 18650 guide needle
Negotiable
186500S flat top rechargeable battery 4000mAh graphene supercapacitor battery 3.6V charging power supply
Negotiable
48V51.2V200ah10kw 15 degree household solar photovoltaic supercapacitor battery energy storage wall mounted supercapacitor battery
Negotiable
Graphene supercapacitor battery 4.4V emergency start 4000F energy storage cell soft pack super start power supply
Negotiable
GHenergy Graphene 3.0V Supercapacitors 3000F Bolt Cylindrical Start up Energy Storage Power Supply Photovoltaic Energy Storage Used Over 100000 Times
Negotiable
GHenergy drone super battery 4.2V4000F, extended range, fully charged energy storage power supply, agricultural drone inspection drone aerial photography drone 18650 supercapacitor
Negotiable
Graphene supercapacitor 3.6V, small size 2000F, large capacity, low temperature resistance, non motor vehicle charging, new energy emergency charging customization, etc
Negotiable
3.0V graphene supercapacitor 500F supercapacitor power battery, super safe, ultra long battery life
1425 1425USD/PCS/sample
Safe, efficient, intelligent energy storage, creating smart homes and making life more convenient# Home Energy Storage # Supercapacitors # Energy Storage # Wall Mounted # Safe Electricity Use
Negotiable
Sludge gasification coupled with coal-fired power generation system
Negotiable
Biomass gasification coupled with coal-fired power generation system
Negotiable
Biomass direct-fired boilers
Negotiable
Comprehensive utilization of domestic waste
Negotiable
Intelligent mowing robot
Bulletin
US Company ‘In Discussions’ On Haleu In Three Countries Romania Signs Cernavoda Expansion Contract Trillo NPP Authorised To Operate Until 2034 Thailand Takes First Step Toward Nuclear Microreactor On Way From China To Thailand El Dabaa Export Loan Ratified, As Unit 4's Core Catcher Installed USA And UK Sign New Gen Iv Nuclear Collaboration Agreement TechnipFMC Bags $1b Contract For Totalenergies' Suriname Project JP Morgan Reveals Greatest Threat to USA Shale Sector China's Surging LNG Imports from USA Threatened by Next Trade War DT Midstream To Acquire 3.7 Bcfd Midwest Pipelines From ONEOK Natural Gas Prices Surge to Highest Levels Since June TGS Wins Major Seismic Contract For ONGC Offshore India Gas Field Tion, Nobian Ink German PPA Construction Begins on £9M Green Energy Hub in Aberdeen CPK: New Brzeziny Train Station UN Chief Warns G20: “Our Climate Is at a Breaking Point” ‘Urgent Action Needed to Decarbonise UK’s Built Environment’ New Energy Storage Deal to Boost UK Renewables Octopus Energy Enters France’s Offshore Wind Market With New Joint Venture