The UK regulatory agency has approved a 28 billion energy network investment plan.
On the 4th, the UK energy regulatory agency approved a five-year energy network investment plan totaling about 28 billion, aimed at upgrading the national electricity and natural gas transmission infrastructure. The UK Gas and Electricity Markets Authority stated that this is the largest energy network expansion project in the UK for decades, with the goal of improving the safety and resilience of the electricity grid and natural gas pipelines, reducing energy transmission bottlenecks, and supporting the development of renewable energy.
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