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Reading: To meet the green aim, National Grid will need to improve its electricity grid by over £60 billion.
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Baner Club > Blog > Business > To meet the green aim, National Grid will need to improve its electricity grid by over £60 billion.
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To meet the green aim, National Grid will need to improve its electricity grid by over £60 billion.

According to the National system, about £60 billion will be required to construct the future British energy system in order to reach climate change mitigation goals in less than ten years.

Last updated: 2024/03/19 at 9:35 AM
Published March 19, 2024
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According to National Grid, the British power network will require £58 billion in investment to reach its 2035 decarbonization ambitions.
In order to transport electricity from renewable energy sources—like offshore wind farms—to locations—like cities—new cables must be constructed.

Money is needed, according to the electricity systems operator (ESO), to enable the integration of renewable energy sources like solar farms into the national grid and their nationwide transportation.

The system was built with the older energy sources—coal fields, for example—in mind.

Much more offshore wind power would be added to the mix of energy used to power homes and businesses under the planned green energy plan.

By 2035, Scotland will import about five times as much electricity from offshore sources as it will use during peak hours, according to the ESO’s Beyond 2030 research.

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admin March 19, 2024 March 19, 2024
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