£54bn needed to upgrade grid for offshore wind expansion
The huge boost in investment in the electric power grid has been established out by National Grid’s power technique operator (ESO) in its Holistic Network Layout report.
The report compiled with help from Atkins and WSP sets out the scale of the problem the market faces in excess of the next eight several years to satisfy the prepared ramping up of offshore wind farm capacity in the United kingdom.
Supporting prepared offshore wind farms will demand 94 onshore assignments alone to update and establish new grid lines costing together £22bn.
The complete charge of onshore infrastructure advisable concerning now and 2030 is £21.7 billion throughout 94 jobs.
Offshore network infrastructure demanded to link the additional 23GW required to meet the Government’s target will expense an added £32bn.
The report warned that the time taken to construct onshore transmission network infrastructure would need to have to be noticeably reduced in buy to fulfill the offshore wind ambitions and net zero targets.
This notably applies to 11 of the onshore transmission network reinforcements encouraged in the evaluation.
“It is vitally critical the offer chain for onshore and offshore transmission network is also in spot.
“The offshore network style advised in this document is ambitious but sensible, being centered on recognised and perfectly recognized technological innovation, ” states the report.