Energy ministers from the Scottish, Welsh and UK governments have asked the newly formed National Energy System Operator (NESO) to provide a blueprint for Great Britain’s energy infrastructure out to 2050.
As the UK’s international investment summit secured a total £24 billion for clean energy projects, the government has opened consultation for its “Invest 2035: the UK’s modern industrial strategy”.
Managing director and CEO of Australian-headquartered Macquarie, Shemara Wikramanayake, confirmed that part of the group’s £20 billion UK investment package will support rollout of fast-charging EV infrastructure.
The UK government has confirmed over £24 billion in private investment in energy projects, which is pegged to deliver growth in the clean energy sector and boost the nation’s economy.
The UK Infrastructure Bank (UKIB) has made a major investment into subsea high voltage direct current (HVDC) cable manufacturer XLCC to support a new factory in Scotland.
The Sizewell C Development Expenditure (Devex) Subsidy Scheme has been launched, aiming to support development of Sizewell C up to the point of a final investment decision (FID).
The latest stage of work on the Eastland Scheme, funded by a £14 million investment into Manchester’s electricity grid is set to begin this month and take under two months to complete.
