SSEN Transmission has formally accepted Ofgem's Final Determination for the RIIO-T3 Price Control period following a comprehensive review of the settlement.

The company has described the framework as both investable and deliverable, marking a significant step forward for the UK's energy infrastructure.

The RIIO-T3 price control is a vital mechanism for securing affordable and reliable power. The associated investment is designed to bolster energy security, reduce the UK's dependence on international energy imports, and eliminate existing bottlenecks within the national grid. Furthermore, the settlement is expected to stimulate economic growth by supporting job creation and supply chain development.

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SSEN Transmission is already advancing 11 major transmission reinforcement projects essential to meeting national economic and energy targets. The company has made substantial progress on this pipeline, having secured 75% of the necessary major planning consents. Currently, six of these schemes are fully consented, while five have already moved into the construction phase. The business will focus on obtaining the remaining consents throughout the rest of the current calendar year.

Through continued collaboration with Ofgem, the Government, and industry stakeholders, SSEN Transmission aims to deliver the infrastructure upgrades required to facilitate clean power and lower energy costs for both current and future consumers.