Power network innovations projects to deliver £13.8bn benefits
Electricity network innovation projects underway are predicted to deliver £13.8bn in savings and revenue, according to new research
Electricity network innovation projects underway are predicted to deliver £13.8bn in savings and revenue, according to new research.
The Energy Networks Association (ENA) said the figure is based on the benefits of 119 innovation projects launched from April 2024 to March 2025.
The projects include work to reduce the need to build expensive new infrastructure and the number of network interruptions.
Examples of innovation include AI-driven platforms to detect and respond to cyber threat and the fitting of 10,000 low voltage monitors to detect cables that are in need of immediate replacement or repair.
Dan Clarke, Head of Innovation at ENA, said: “Innovation is delivering real, measurable value for customers and the energy system. The £13.8bn in savings and revenue shows how forward-thinking projects are helping us build a smarter, more secure and sustainable electricity network at the best value to energy customers.”