Submission + - UK's National Grid reveals £54bn wind power network upgrade plan (bbc.com)
AmiMoJo writes: A huge upgrade of the UK's electricity network would see a host of pylons and cables transporting power from offshore wind farms around the UK. National Grid ESO said it was the biggest network upgrade in 60 years. There are now more than 11,000 wind turbines on and offshore, which produce nearly a quarter of the UK's electricity. National Grid ESO, which runs the electricity network, said the plan it has laid out would enable the government to deliver 50GW of offshore wind power by 2030 — a third of the UK's electricity demand — while creating 168,000 jobs. It claimed the network could lead to more than £50bn of investments over the next eight years.
A total of 23 gigawatts (GW) of electricity — 24 million homes worth at current power usage — worth of contracts were awarded this morning to bidders wishing to build new renewable facilities. The auction saw offshore wind prices hit a new record low at a quarter of the current cost of gas generated power.
A total of 23 gigawatts (GW) of electricity — 24 million homes worth at current power usage — worth of contracts were awarded this morning to bidders wishing to build new renewable facilities. The auction saw offshore wind prices hit a new record low at a quarter of the current cost of gas generated power.
