Ofgem has announced plans to fast-track around £4bn of investment into expanding the UK’s electricity transmission network as it looks to decarbonise the grid by 2030. The Advanced Procurement Mechanism (APM) will enable signed-off projects to “break ground as soon as planning approval is granted,” the energy regulator said in a statement on Thursday. It is the latest move by officials to free up the UK’s planning system. The target is to produce 95 per cent of electricity from low-carbon sources by the end of the…
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