Grids need several times more money than renewables, says ScottishPower chief

Failure to invest in electricity grids will cost countries dearly, not just in terms of their renewables rollout but also for their economies, warns chief of Iberdrola unit

ScottishPower CEO Anderson said the UK needs to spend £60bn on a grid fit for the future.
ScottishPower CEO Anderson said the UK needs to spend £60bn on a grid fit for the future.Photo: BloombergNEF
Published 8 October 2024, 11:37Updated 8 October 2024, 11:37
ScottishPower RenewablesKeith AndersonIberdrolaUKBloombergNEF