Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Ofgem issued its final project assessment and funding decision for Eastern Green Link 2 (EGL2) under the Accelerated Strategic Transmission Investment (ASTI) framework, making EGL2 the first of 26 projects to complete the fast‑track process to secure funding. This regulatory funding approval, described as a major milestone by National Grid and SSEN Transmission, confirms the single largest‑ever investment in a UK electricity transmission infrastructure project and enables construction to begin, with the new subsea connection planned to be operational by 2029.