Electricity network operators to invest more than £120bn by 2050

100 years on from their creation, the UK’s electricity networks are delivering a grid shaped to future needs

In 1926 the UK was a global pioneer in establishing a national Central Electricity Board, now the UK’s electricity networks have revealed some of the work underpinning the next 100 years of meeting the country’s energy needs. Electricity network operators are set to invest over £120bn by 2050, with the aim of delivering a network that is able to meet our future energy needs, and allow the UK economy to deliver the next generation of smart UK in…

Electricity network operators to invest more than £120bn by 2050

Electricity network operators are set to invest over £120bn by 2050, with the aim of delivering a network that is able to meet future energy needs, the Energy Networks Association (ENA) said. This investment, and the work of 26,000 qualified energy network personnel, will help ensure that the UK will have the affordable, clean and secure home grown power it needs in the years ahead, it said. The forthcoming Electricity Networks Sector Growth Pla…