The Wire · Energy & Grid

SP Energy Networks backs £12bn grid investment plan to 2031

By Anthony at GridteamAI

SP Energy Networks has welcomed the new Electricity Networks Sector Growth Plan, produced by the Energy Networks Association and BEAMA with input from Ofgem and the UK, Scottish and Welsh governments. The plan estimates that planned grid investment could add £58 billion to the UK economy and support over 200,000 jobs by 2035. SP Energy Networks says its own £12 billion transmission investment to 2031 will create 1,400 direct jobs and support more than 11,000 jobs in its supply chain.