£62.8m for smarter energy network in the UK

An investment worth £62.8 million will be made to deliver a smarter energy network. Ofgem has announced it will fund nine projects in order to encourage companies develop innovatice ways […]

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By Jacqueline Echevarria

An investment worth £62.8 million will be made to deliver a smarter energy network.

Ofgem has announced it will fund nine projects in order to encourage companies develop innovatice ways to reduce costs for consumers while helping deliver a low carbon future.

Some of the projects include a facility that converts waste into gas which will be distributed through the network and solutions to manage excessive temperatures at distribution sub-stations.

They will also test new designs of pylons that are better for the environment.

Maxine Frerk, Senior Partner for distribution at Ofgem said: “Investments in networks have a real potential to connect more renewable generators and enhance security of supply in a more cost efficient way. The nine projects receiving funding today show how new sources and uses of gas together with smarter grids can benefit consumers by making the energy system more secure and cost effective.

“As with all the projects we have funded we expect to see learning from these projects being shared across industry and are pleased to see many of the earlier projects now being rolled out across companies and delivering real benefits for consumers.”