Decision for consultation on SHE Transmission’s request for additional funding for its Beauly-Denny project
Decision
Publication date
Company
Industry sector
Transmission Network
Beauly-Denny is an electricity transmission project to upgrade the capacity of the key strategic line between Beauly in the north of Scotland and Denny in central Scotland. The project was delayed by a public enquiry and subject to additional consenting requirements by both local councils and the Scottish government. The project was completed in the autumn of 2016.
Following our minded-to consultation, SHE Transmission has set out that it overspent by £58.8 million on its part of the project, which is £3.3 million less than identified at the time of the November consultation. In accordance with the approach proposed in our consultation, we have determined that £27.8 million of this £58.8 million additional expenditure will be recovered during construction and the five-years following construction.