National Grid steps up clean energy plans amid £3.5bn record spend

Power utility reveals first-half results and more investment in 17 major transmission projects fast-tracked by Ofgem

National Grid spent a record £3.5bn in the first half of the financial year as it accelerated work to prepare the UK’s power grids for a surge in new clean energy projects.

The FTSE 100 monopoly, charged with running most of the UK’s power grids and some networks in the US, said it had entered “a new phase of capital delivery” as a result of the momentum of green policies on both sides of the Atlantic. Continue reading...


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