PERTH (SCOTLAND) (dpa-AFX) - SSE plc (SSE.L), on Thursday, said SSEN Transmission welcomes Ofgem's approval of the need for the strategic electricity transmission reinforcements required to deliver the UK Government's 50GW offshore wind by 2030 target, set out as part of the regulator's Accelerated Strategic Transmission Investment or ASTI framework.
The company noted that the decision confirms that all SSEN Transmission projects identified by the Electricity System Operator as required to meet 2030 offshore wind targets will now be taken forward as part of the ASTI framework.
Ofgem has also confirmed that the reinforcements will be exempt from proposals to introduce competitive ownership of onshore electricity networks, which are currently being considered as part of the UK Government's draft Energy Bill.
By confirming existing electricity transmission licensees will remain the delivery body for these reinforcements, Ofgem has provided the much-needed certainty required to support timely and accelerated delivery, including early supply chain engagement.
Rob McDonald, Managing Director of SSEN Transmission, said, 'Today's publication of the ASTI Framework is a critical milestone to support our collective net zero and energy security ambitions and we welcome Ofgem's approval of the need for the investments required to deliver 2030 offshore wind targets...'
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