pakistan
UK offers 700 projects grid connections in major energy investment push
Key takeaways
- The allocations follow recent reforms replacing a “first come, first served” connection system that had led to bottlenecks, said the National Energy System Operator.
- “These offers give developers the certainty they need to invest, supporting economic growth,” Kayte O’Neill, NESO’s chief operating officer, said in a statement.
- Offers were made to 713 of 1,223 projects in a 2030 pipeline including offshore and onshore wind, solar, battery storage, gas and hydro, NESO said.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize UK has offered grid connections to more than 700 projects, the country’s power planning body said on Wednesday, under a reformed allocation system expected to help unlock up to £40 billion in annual clean power investment.
The allocations follow recent reforms replacing a “first come, first served” connection system that had led to bottlenecks, said the National Energy System Operator.
“These offers give developers the certainty they need to invest, supporting economic growth,” Kayte O’Neill, NESO’s chief operating officer, said in a statement.
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