The Energy Transition | £58 Billion Investment Needed For Net Zero Grid By 2035

This week we look at the call for a £58 billion investment to support decarbonisation by 2035, the government's response to the consultation on introducing a CfD Sustainable Industry Reward, Ofgem requirements for landowner consents to speed up grid connections, and more.

ESO publishes "Beyond 2030": a £58bn energy system investment plan

The Electricity System Operator (ESO) has published its "Beyond 2030" report which provides a "national blueprint" for decarbonisation and proposes a £58 billion investment in the UK electricity grid to meet the demands of decarbonisation by 2035.

The report outlines the increasing electricity demands in Great Britain, which are predicted to rise by up to nearly 65% by 2035. The report also notes that investment in energy generation has exceeded investment in transmission capacity, resulting in bottlenecks on the electricity network. This has resulted in occasions where wind farms have had to be switched off to prevent the