UK Power Networks plans £4.5bn for Net Zero
British distribution network operator UK Power Networks has unveiled £4.5 billion worth of investment in its plans to reach net zero carbon emissions.
The investment will cover a range of measures to decarbonise the nation’s power grid and prepare it for a low-to-no- carbon future with more electric vehicles and electric heating.
Basil Scarsella, UK Power Networks CEO, said to Electrical Review, “The 2020s will be a decade of transformative change in the energy system and in our society, as we decarbonise every aspect of our economy, and a time when net zero becomes real for millions of our customers.
“It will bring major change to the lifestyles of people and communities; from the way we refuel our vehicles to heating our homes and using energy wisely.”