Our RIIO-T3

Business Plan

Our Business Plan will deliver a transformation of our network, nearly doubling the amount of power we can transfer across the country, and providing twice as many customer connections as in the last five years.

Explore the plan

Infrastructure for a low-cost transition

This is by far the largest part of our plan. £26.5bn of our proposed investments relate to this Ofgem Consumer Outcome; to expand the capacity of our existing network and extend it to connect new clean sources of power.

Our network needs to support demand that is forecast to double by 2050 as heat, transport and industry continue to electrify. Growth in technologies like artificial intelligence means larger scale, energy- intensive computing infrastructure, and the decarbonisation of traditional industries.

The task is similar to that of the 1950s when our predecessors embarked on a decade-long programme to build a supergrid with the capacity to support future innovations. We plan to do the same. We are working to design and deliver the strategic upgrades needed, through the Great Grid Upgrade and Accelerated Strategic Transmission Investment (ASTI).

Our plan allows the electricity from 50 GW of offshore wind to flow across the country, and provides capacity for 35 GW of generation and 19 GVA of demand customers to connect. We have developed our investments with an eye to the future, creating a further 26 GW of options that can connect new customers quickly.

We will need to stay flexible to the implementation of Clean Power 2030 through connections reform.

When there is greater clarity, we will need to review our plan and assess the impact on timing and projects, and potentially seek funding through agreed mechanisms.

As we deliver our plan, we must also cut our carbon emissions, reduce our broader environmental impacts and protect nature.

We will cover the following topics:

2.1 Increasing the capacity of the system
2.2 How we will accelerate connections for our customers
2.3 Protecting and improving the environment

 

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