£34bn investment in the grid over the next 15 years would unlock £194bn for the economy, a 4:1 return on investment, according to a new study from Arup. By modelling two investment scenarios, underpowered and supercharged, the study also concludes that an additional 92,000 extra jobs could be supported annually, if ambitious investment in the electricity grid is sustained to 2040. Arup’s modelling also showed that many sectors across the economy would benefit from investment in the grid, ranging from agriculture, property, through to construction. The services sector could grow…
Read MoreAmbitious electricity grid investment would unlock significant economic growth, jobs, and energy security for the UK
