National Grid is to spend up to £19bn on new pylons and transmission systems across the countryside as it “rewires the nation” for the net zero era, the company has said.
John Pettigrew, National Grid’s chief executive, said the money would be spent upgrading and expanding the UK’s power transmission system to ensure it is ready for the surge in demand as the country shifts to net zero.
National Grid plans to spend £3bn on infrastructure by 2026 and will spend billions more as its programme of investment accelerates in the years up to 2050.
