Following a successful call for evidence, in which local authorities, developers and other parties stated the case for extra network capacity to receive investment, Ofgem has confirmed Britain’s energy networks will now accelerate funding over the next 12-24 months.
David Smith, Chief Executive of Energy Networks Association which represents the UK and Ireland’s energy networks businesses said:
“With just a few months left until COP26 we are delighted to have been able to bring forward such a crucial enabler of the Prime Minister’s green recovery ambitions. Delivering a green recovery for seas, skies and streets, over £300m of electricity distribution network investment will enable wide-ranging projects which help tackle some of our biggest Net Zero challenges, like electric vehicle range anxiety and the decarbonisation of heavier transport.
“This new funding shows the social, economic and environmental benefits that can be brought forward by industry working closely with a flexible regulator.”
Projects which will benefit from network investment include those in the areas of electric flight, shipping, heating and road transportation. These projects will not only play a critical role in driving a green recovery but will provide a foundation for the emerging technologies needed for a Net Zero future. Details of some of the projects benefitting can be found below.
Key case study map
About us
Energy Networks Association (ENA) is the industry body representing the energy networks. Our members include every major electricity network operator in the UK. The electricity networks are at the heart of the energy transition. They directly employ more than 26,000 people in the UK, including 1,500 apprentices. They are spending and investing £33bn in our electricity grids over the coming years, to ensure safe, reliable and secure energy supplies for the millions of homes and businesses reliant on power every day.
Press contacts
You can contact ENA's press office by emailing press@energynetworks.org. For urgent or out-of-hours enquiries from journalists, please call 0204 599 7691.