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24 May
14:02

Ofgem invests £300m into grid upgrade ahead of ‘EV revolution’

UK gas and electricity market regulator Ofgem said Monday it has kickstarted its £40 billion ($56.57 billion) investment with a down payment of £300.5 million to upgrade the grid for the “EV revolution.” The investment will enable the rewiring of infrastructure in England, Scotland and Wales, through over 200 low-carbon projects. The new infrastructure will support 1,800 new ultra-rapid charging points at motorway service areas and 1,750 ch…
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