Britain wasted enough wind generation last year to power a million homes due to delays in electricity grid upgrades, according to a new report.
Financial think-tank Carbon Tracker said the costs of inaction could treble by 2026, and cost the country £3.5bn a year by 2030, increasing average annual household electricity bills by nearly £200 and generating 6.8 million tonnes of emissions.
The report said grid investments are not increasing in step with the rapid growth of wind power.
Report author Lorenzo Sani said without significant improvement in the permitting timeframes for critical energy transmission infrastructure, the grid can’t support the government’s plans to decarbonise generation by 2035 or deliver on its vision of ‘affordable, homegrown, clean energy.”
The report calls on policymakers and regulators to prioritise transmission project delivery as a matter of urgency, focusing on the need to fast-track permits and for better anticipation of growing demand bottlenecks requiring investment in strategic infrastructure, before they reach a critical phase.