National Grid: Costs

(asked on 10th September 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 10 September 2024 to Question 4389 on National Grid: Costs, whether (a) he and (b) Ofgem is able to provide the estimate requested.


Answered by
Michael Shanks Portrait
Michael Shanks
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 8th October 2024

New network infrastructure is essential to meet the rising demand for electricity and connect new renewable generation.

Ofgem estimates that the Western Link and Eastern Green Link will increase consumer bills by an average of £6.50 per annum over a 60-year period, taking inflation into account.

Ofgem approves electricity network build options that are efficient and provide an overall benefit to the consumer. Please see Ofgem’s cost benefit analysis of Western Link[1] and Eastern Green Link[2] for more details.

[1] https://www.ofgem.gov.uk/consultation/transmission-investment-incentives-consultation-minded-position-western-high-voltage-direct-current-hvdc-link-western-bootstrap

[2] https://www.ofgem.gov.uk/consultation/eastern-hvdc-consultation-projects-initial-needs-case-and-initial-thinking-its-suitability-competition

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