SP Energy Networks is submitting its five-year business plan to energy regulator Ofgem for the period April 2026 to March 2031.

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Energy firm sets out £10.6bn plan to boost electricity infrastructure

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SP Energy Networks is submitting its five-year business plan to energy regulator Ofgem for the period April 2026 to March 2031.  An energy firm has set out a £10.6 billion five-year plan that it says will lower household energy bills and help the country meet its green energy targets. SP Energy Networks, which is a subsidiary of ScottishPower, is submitting plans to energy regulator Ofgem for the period April 2026 to March 2031, in which it is p…

perspectivemedia.com

Read More   National Grid, SSE and ScottishPower submit plans amid global race to shift from fossil fuels to clean electricity Energy companies have promised to spend almost £70bn over five years to help rewire Great Britain’s electricity infrastructure in the global race to shift from fossil fuels to clean electricity. The companies that own the…

sfdailyrecord.com

Energy firms to spend £70bn to rewire Great Britain’s electricity grid

The Clean Power Action Plan will prioritise national grid projects, speed up planning processes for energy infrastructure and expand the renewable auction process The Clean Power Action Plan aims to accelerate delivery of UK-based energy infrastructure and supply incease national energy security. Although energy bills were rising worldwide prior to the Russian invasion of Ukraine in 2022,  IMF research found that the UK was the worst-hit by the …

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New Clean Power Action Plan to revitalise UK energy infrastructure

submitted by Mex to uk_infrastructure1 points | 0 commentshttps://www.theguardian.com/business/2024/dec/18/energy-firms-rewire-great-britain-electricity-grid

feddit.uk

SP Energy Networks has submitted a £10.6bn plan to transform Scotland’s power landscape by 2030. The RIIO-T3 plan to Ofgem details major upgrades to electricity infrastructure from 2026 to 2031, including 12 new substations, 450km of circuit upgrades and improvements to overhead lines and underground cables.  The investment, says SP Energy Networks,  will connect 19GW of clean power, reduce constraint costs and save households £167 annually by 2…

Energy Live News

SP Energy Networks £10bn plan for clean energy investment

SP Energy Networks has set out a £10.6bn plan to deliver critical UK electricity infrastructure as it submits its RIIO-T3 business plan to Ofgem. The business plan covers the next price control period from 2026-31 and will deliver new and upgraded transmission infrastructure in central and southern Scotland. It includes 12 new major transmission substations, 450km of upgraded existing circuits, 87km of upgraded overhead lines and 35km of undergr…

transportandenergy

SP Energy Networks sets out £10.6bn plan

SP Energy Networks has set out a £10.6bn plan to help rewire Britain and deliver the critical electricity infrastructure needed for decades to come as it submits its RIIO-T3 business plan to Ofgem. The business plan covers the next price control period from 2026-31 and will deliver new and upgraded transmission infrastructure in central and southern Scotland, including 12 new major transmission substations, 450km of upgraded existing circuits, 8…

Energy firm sets out £10.6bn plan to boost electricity infrastructure

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