Business energy scene could change as firms challenge National Grid - 25/09/2009
The business gas and electricity environment in the UK faces potential change as a dozen separate companies may challenge National Grid's monopoly.
Ofgem, the energy industry regulator, has announced that 12 firms are interested in operating transmission links worth a collective £1.15 billion that would hook up wind farm projects to the main grid, reports City AM.
The bidding will relate to nine separate wind farm projects around the UK, including sites near East Anglia and in the Thames estuary and could result in parts of the network falling under the control of overseas companies.
Connectivity to renewable energy projects has been a major problem in recent years, with many sites constructed but remaining isolated due to a range of factors that include their remote locations.
Projects are often relegated to powering local communities, despite having the potential to contribute to the nationwide electricity supply.
Britain is committed to producing 15 per cent of its national electricity supply from renewable means by 2020 and New Energy Focus reports that government figures suggest clean energy generation has risen by 104 per cent in recent years.
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