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ALISTAIR OSBORNE | BUSINESS COMMENTARY

National Grid is about to learn who has the power

The utility plans to double the amount of energy that can be transported around the country. That’s a lot of pylons

Alistair Osborne
The Times

Just what you want for Christmas: a new pylon from National Grid. The company is gearing up to spend an “unprecedented” £35 billion on the transmission network in the five years to March 2031 — at least if Ofgem and the naughty nimbys let it.

And, of course, if the Grid wasn’t serious about making Ed Miliband’s net-zero dreams come true, Britain wouldn’t have a chance. It’s the job of the energy utility to invest in the shift from a fossil-fuel economy to one powered by green stuff. Ditto to meet demand for a world of electric cars, data centres, gigafactories and AI robots trained by Elon Musk.

Even so, the Grid’s 101-page plan for the next regulatory review does highlight the task ahead. It’s

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