Eastern Green Link 1 (EGL1) – Project Assessment Consultation
Summary
Ofgem consults on its minded-to position for Eastern Green Link 1 under the new Accelerated Strategic Transmission Investment (ASTI) mechanism. EGL1 is the first project assessed under ASTI, which allows pre-construction spending on strategic transmission projects before full needs case approval. The consultation closed on 18 April 2024 with a decision now made.
Why it matters
This establishes precedent for how ASTI works in practice — a mechanism that socialises early development risk for transmission projects deemed strategic. As such, it shifts financial risk from developers to consumers earlier in the project lifecycle, potentially accelerating delivery but at the cost of pre-committing spending before full economic justification.
Key facts
- •First project under ASTI mechanism
- •Consultation period: 20 March - 18 April 2024
- •Decision now made (status: closed with decision)
Timeline
Areas affected
Related programmes
Memo
Eastern Green Link 1 (EGL1) – Project Assessment Consultation | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Eastern Green Link 1 (EGL1) – Project Assessment Consultation Publication type: Consultation Publication date: 20 March 2024 Closed date: 18 April 2024 Status: Closed (with decision) Topic: Energy network price controls, Electricity transmission Subtopic: Accelerated Strategic Transmission Investment (ASTI) Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn We are consulting on our minded-to position on the project assessment for EGL1 under the Accelerated Strategic Transmission Investment (ASTI) mechanism. Respond name James Dunshea Respond email RIIOElectricityTransmission@ofgem.gov.uk Main document EGL1 - PA Minded-to Consultation [PDF, 315.38KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close