Connecting wind and solar farms to tomorrow’s electricity-hungry customers will require huge investment
email rounding up the latestLight fantastic: a view from the International Space Station shows energy-hungry cities in the UK, France and Belgium, plus an auroral display at top © ESA/NASA
Or, to put it another way, “the network will soak up 30 per cent of all the investment required by the energy transition”, according to Lord Adair Turner, chair of the Energy Transitions Commission, a business coalition pushing for net zero. In the UK, net zero scenarios see electricity consumption increasing from the current 300TWh to around 650TWh by 2050. In the EU, annual electricity demand is forecast to more than double from 3,000TWh today to 6,800TWh by 2050. Peak demand will rise by more, as the electricity system increasingly supplies winter heat.will change, too. The network evolved to transport electricity from a few big coal or gas plants, located near big towns.
The whole cycle, from planning to permitting, through procurement and construction, lasts more than a decade. That may be compressible — for instance, by streamlining the permitting process. But there are those who believe that, to have any chance of the grid being ready on time, we need a radically different approach.
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