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Ofgem Approves New Subsea Power Links to Boost UK Energy Security

The regulator's decision supports Britain's transition to a net exporter of green electricity by the 2030s through enhanced interconnectivity.

  • Ofgem has approved five new subsea interconnector projects linking Great Britain with Ireland, Germany, the Netherlands, and Belgium.
  • The projects will increase Britain's interconnector capacity from 11.7 GW to 18 GW by 2032, enabling the export of surplus clean energy.
  • These interconnectors will support the UK's shift to a renewable energy system, reducing reliance on volatile gas markets.
  • The approved projects will add an estimated £2 to £5 annually to consumer electricity bills in Great Britain from 2030 to 2035.
  • The initiatives are part of the UK's broader strategy to leverage offshore wind farms and become a leader in green energy exports.
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