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ELECTRICITY: NIC Calls For Investments in UK’s Distribution Network Expansion

ELECTRICITY
CEEMEAEnergy BulletsBulletPower BulletsUKCommodities

The UK’s National Infrastructure Commission (NIC) urges the government that the current pace of additional investment in the country’s electricity distribution networks must double to cope with rising demand to connect new capacities faster, it said in a report. 

  • The report showed that the distribution network requires investments of around £37.50bn between today and 20250 to meet increasing power demand.
  • “The UK is heading in the right direction on decarbonising power, but we can’t be complacent. We must learn the lessons from playing catch-up on transmission grid expansion and get ahead of the curve on investing in our local networks”, Sir John Armitt, NIC Chair, said.
  • The Commission calls for a more proactive approach to energy regulation and system planning, as Ofgem’s current regulation is too complex and does not encourage DNOs to make proactive investments. 
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The UK’s National Infrastructure Commission (NIC) urges the government that the current pace of additional investment in the country’s electricity distribution networks must double to cope with rising demand to connect new capacities faster, it said in a report. 

  • The report showed that the distribution network requires investments of around £37.50bn between today and 20250 to meet increasing power demand.
  • “The UK is heading in the right direction on decarbonising power, but we can’t be complacent. We must learn the lessons from playing catch-up on transmission grid expansion and get ahead of the curve on investing in our local networks”, Sir John Armitt, NIC Chair, said.
  • The Commission calls for a more proactive approach to energy regulation and system planning, as Ofgem’s current regulation is too complex and does not encourage DNOs to make proactive investments.