Ofgem bargains for £174m cut in subsea cable cost

Ofgem wants the developers of a new underwater cable to knock their spending down by £173.9 million. The Caithness Moray project will carry up to 1200 megawatts (MW) of electricity from the tip of north-east Scotland – around the bay from John O Groat’s – and south across the Moray Firth. The regulator believes energy […]