Grid delays holding back industrial growth

Grid connection challenges are now a “serious obstacle” to industrial growth in the UK.

New research reveals 34% of companies that have experienced grid delays say it stopped company growth entirely.

One in five (20%) feel that a lack of grid capacity will prevent the UK’s commercial and industrial sector from achieving its full potential.

The research commissioned by grid consultancy Roadnight Taylor found that connection challenges are delaying new projects for one third (33%) of businesses, increasing costs for 32% and obstructing energy transition plans for a quarter (25%).

Energy costs are compounding the pressure with nearly half of decision makers are concerned about bills and a quarter feeling overseas competitors have a distinct advantage.