Energy firms to spend £77bn to rewire Great Britain’s electricity grid
by Jillian Ambrose Energy correspondent from Environment | The Guardian on (#6T0JQ)
National Grid, SSE and ScottishPower submit five-year plans amid shift from fossil fuels to clean electricity
Energy companies have promised to spend up to 77bn over five years to help rewire to Great Britain's electricity infrastructure in the global race to shift from fossil fuels to clean electricity.
The companies that own the high-voltage power system - National Grid, SSE and ScottishPower - have submitted the spending plans to the regulator Ofgem for the period from 2026 to 2031, which could support about 100,000 jobs.
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