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Ofgem approves £28bn package for energy transmission networks

By Josh White

Date: Thursday 04 Dec 2025

(Sharecast News) - Ofgem approved a £28bn funding package for Britain's gas and electricity networks for the RIIO-3 price control period on Thursday, prompting cautious initial responses from network operators National Grid and SSE's SSEN Transmission.
The energy regulator said the settlement, covering 2026 to 2031, would maintain "world class" resilience,...

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