GALWAY, IRELAND--January 4, 2013 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) The U.K. is increasing the budget to overhaul its ageing electricity and gas networks to almost €30 billion ($39.3 billion) following complaints about its original proposals published last year. The country's energy regulator, Ofgem, has published its revised plan which will see €29.6 billion ($38.8 billion) made available between April this year and 2021 for the modernisation, up from the sum of almost €28 billion ($34.4 billion) announced last July.