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Homeowners in Britain should be paid 'generous' compensation if they agree to have power lines built nearby in order to help speed the transmission of electricity from new generation projects, a government-commissioned report has urged.
Article originally published by The Guardian. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
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04 Aug 2023
The document from the government’s first energy networks commissioner, Nick Winser, calls for new power linesto be built twice as fast to ease the decade-long backlog of renewable energy projects waiting to connect to the grid.
His root-and-branch review proposes 18 measures to help clear the grid backlog after finding that “every part” of the grid upgrade process “must – and can – be dramatically improved”.
These recommendations include offering lump sum payments to those living near new pylons, which it said could reduce widespread opposition to projects, and “streamlining” the planning and regulatory process.
Winser warned ministers that without new cables and substations more green energy projects were likely to be rolled out before they could be connected to the grid.
Currently windfarms and solar arrays
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