On Tuesday 13 December, Regen published a letter directed to BEIS Secretary of State, Grant Shapps, on behalf of six UK energy trade bodies calling for urgent action to address constraints on the electricity network if the UK is to achieve net zero. The letter emphasises how energy projects are facing delays up to 15 years due to capacity constraints on the electricity transmission network.
Regen conveys that the trade bodies are concerned that this is delaying billions of pounds worth of private investment needed to deliver the UK’s targets for renewable energy generation, electricity storage, heat pumps and electric vehicle rapid chargers. The trade bodies, therefore, ask the Secretary of State to take measures that enable a shift towards strategic investment in the electricity network, and urge that he demands CEO-led plans from the system operator and transmission distribution networks to implement immediate measures that address the issues.
This is an excerpt taken from our Industry Essentials (GB) service. If you are interested in learning more about the Industry Essentials (GB) service, please click here.
If you would like to access all your services in our customer portal, CATALYST, please click here.