Aug 13 (Reuters) - Britain's energy regulator Ofgem on Tuesday approved the 3.4 billion pound ($4.35 billion) 2 gigawatt electricity 'Superhighway' from Scotland to Yorkshire.

The approval for the biggest single investment for the electricity transmission infrastructure in Britain comes as part of the regulator's scheme , opens new tab to get new offshore wind energy to the market and delivery it quickly.

Ofgem said the Eastern Green Two project for a subsea 'superhighway' with an underground 436 kilometre cable between Scotland and Yorkshire will be able to power up to 2 million homes across Britain.

The construction of the project - a joint venture between National Grid Electricity Transmission and SSEN Transmission - is expected to begin later this year, and the transmission line will be operational in 2029, the regulator said.

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https://www.reuters.com/business/energy/ofgem-signs-off-435-bln-electricity-superhighway-scotland-yorkshire-2024-08-13/