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National Grid to speed up connection of 20 GW of U.K. clean energy projects (NYSE:NGG)

November 6, 2023
in Business
Reading Time: 2 mins read
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National Grid to speed up connection of 20 GW of U.K. clean energy projects (NYSE:NGG)

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Battery

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Nationwide Grid (NYSE:NGG) mentioned Monday it goals to hurry up the connection of as a lot as 20 GW of fresh vitality initiatives to its U.Ok. electrical energy transmission and distribution networks.

In accordance with Reuters, the corporate mentioned 19 battery vitality storage initiatives value ~10 GW on its transmission community can be provided dates to plug in, averaging 4 years sooner than present agreements.

A second tranche of fresh vitality initiatives – primarily batteries and hybrids – can be provided accelerated transmission connections as a part of one other part anticipated within the new yr, which may carry ahead one other 10 GW, the report mentioned.

The U.Ok. has a goal to achieve web zero emissions by 2050, which would require an enormous scale-up of renewable energy era.

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Tags: cleanconnectionenergyGridnationalNYSENGGProjectsspeedU.K
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