Ofgem to fast-track network upgrades - 24/01/2012
Ofgem is to fast-track proposals to upgrade Scotland's power network, which could enable more people to get cheap electricity from renewable energy sources in the future.
The regulator confirmed it is to speed up the consultation in order to cut red tape and deliver efficient services for customers.
More than £7 billion has been earmarked for the scheme by SSE and Scottish Power, which will replace the current ageing infrastructure with more modern networks that are better able to handle connections to green sources.
Chief executive officer at Ofgem Alistair Buchanan said: "Today’s announcement provides good value for consumers, delivering essential upgrades to Scotland’s transmission network at the lowest cost to consumers."
The regulator estimated customers will see their bills rise by just 35p a year between 2013 and 2021 in order to fund the upgrades.
Managing director of networks at SSE Mark Mathieson said Ofgem's decision is a "major step forward" in the proposals to help boost renewable power generation in Scotland over the next decade.
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