£22bn not enough for network upgrades, says National Grid

Ofgem has been criticised for its assessment of the investment needed to upgrade the UK’s transmission network to prepare for more renewables.

Energy regulator Ofgem is not allowing enough money to upgrade the UK’s electricity and gas grids, says National Grid.

The network operator was reacting to Ofgem’s initial price control proposals, confirmed in the regulator’s consultation released on 27 July.1,2,3 These set out how much National Grid is allowed to invest over the next eight years.

Heavy investment is necessary to replace and upgrade the UK’s ageing infrastructure to allow for much higher levels of renewable electricity and smart grid development (ENDS Report 448, p 39). But National Grid says at least £30bn is needed, rather than the £22bn proposed by Ofgem.

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