BRIEF-Ofgem Gives Provisional Approval To Power Projects
OFGEM: * OFGEM GIVES PROVISIONAL APPROVAL TO POWER PROJECTS
* CONSULTING ON PROVIDING REGULATORY SUPPORT FOR LIONLINK, WHICH WOULD CONNECT DIRECTLY TO NORTH SEA WINDFARMS AND LINK BRITISH AND DUTCH GRIDS * PLANS FOR TWO HIGH VOLTAGE CABLE LINKS TO EUROPE RECOMMENDED FOR APPROVAL
* CONSULTING ON TARCHON INTERCONNECTOR PROJECT WHICH WOULD CREATE SECOND ELECTRICITY LINK BETWEEN BRITISH AND GERMAN GRIDS * INTERCONNECTION WITH EUROPEAN GRIDS CAN HELP CUT DOWN ON COSTS AND WASTE BY PROVIDING ROUTES TO SELL EXCESS CLEAN POWER TO CONTINENT
* PROJECTS BEING CONSIDERED WOULD PROVIDE MORE CAPACITY FOR BOTH EXPORTING AND IMPORTING ENERGY * ALSO CONSULTING ON ITS CURRENT VIEW NOT TO APPROVE ANOTHER PROPOSED OHA ASSET, AND A FURTHER SIX PROPOSED INTERCONNECTORS Source text for Eikon: Further company coverage: [ ]
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