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<p>The Government is committed to increasing electricity interconnection with projects
that support our energy objectives.</p><p> </p><p>A number of interconnection projects
are already progressing under Ofgem’s regulatory regime1, designed to bring forward
interconnection investment in the interest of GB consumers. This includes projects
to France, Belgium, Norway, Denmark and Ireland, which have been assessed by Ofgem
as offering over £11.8bn in consumer benefits. A second window for applications for
the cap and floor project is open until 31 October and the Government is keen to see
more projects coming forward that can deliver strong consumer benefits.</p><p> </p><p>The
Government has also supported a number of mature interconnector projects to benefit
from access to European grant funding as Projects of Common Interest.</p><p> </p><p>Together
these projects represent billions of pounds of infrastructure investment and aim to
more than double our interconnection capacity by the early 2020s. This will make Britain
more energy secure and will help lower consumer bills.</p><p> </p><p><em><strong>[1]</strong></em><em>
Source, Ofgem <a href="https://www.ofgem.gov.uk/publications-and-updates/decision-roll-out-cap-and-floor-regime-near-term-electricity-interconnectors"
target="_blank">https://www.ofgem.gov.uk/publications-and-updates/decision-roll-out-cap-and-floor-regime-near-term-electricity-interconnectors</a></em></p><p>
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