UK’s National Grid to invest 10 billion pounds in power network by 2026
In December, Ofgem gave the go-ahead for 40 billion pounds ($53.4 billion) in spending on utility networks between 2021-2026 to prepare for more renewable power, including a higher-than-planned limit on grid operators’ returns. National Grid said it was pleased to see the increase in allowances and accepted the overall package for its role as electricity…
