Skip to playerSkip to main content
  • 5 minutes ago
The National Audit Office says delays to major grid projects could increase costs passed on to consumers. Faster investment is intended to help the network handle more renewable power.

Category

🗞
News
Transcript
00:01Households are being warned energy bills could rise unless work to upgrade the electricity
00:05grid speeds up. The National Audit Office says delays could push the cost of managing
00:10the network to £7.8 billion a year by 2030. The grid needs upgrades to carry more electricity
00:17from renewable sources to homes and businesses. The NAO says 80 projects are needed, but many
00:23are at an early stage. Constraint costs including payments made when the grid cannot carry available
00:29power reached £1.9 billion last year. The watchdog says delays could increase costs and hamper
00:37economic growth. Ofgem says faster investment should reduce costs for consumers.
Comments

Recommended