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    Home » Blog » Electricity Grid Needs £58 Billion for Net Zero: Report

    Electricity Grid Needs £58 Billion for Net Zero: Report

    March 19, 2024Updated:March 19, 2024 Business & Economy No Comments
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    According to a report, an extra £58 billion will need to be invested in Britain’s electricity grid by 2035 to meet its commitments to achieving net zero.
    On Tuesday, the Electricity Systems Operator ( ESO ) called for” swift and coordinated” progress on investing in offshore and onshore network upgrades, as households and businesses switch to using electricity for heating and powering vehicles.
    According to the ESO, the purchase will make it easier to connect to additional 21 gigawatts of offshore wind and other “low coal generation” across the UK. The technician said that by 2035, three times as much underwater cabling may be laid than inland facilities….

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