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International Business Times UK
International Business Times UK
Business
Pragati Singh

Revolutionary UK Power Grid Expansion Secures £1.8 Billion Contracts

Research conducted by National Grid forecasts the creation of an estimated 400,000 jobs by 2050, attributed to the grid rewiring efforts. (Credit: Reuters)

One of the significant projects in Britain's power grid landscape has allocated contracts valued at £1.8 billion for a 190km subsea electricity superhighway aimed at transferring renewable power from Scotland to the north of England.

National Grid and Scottish Power are set to commence the construction of a £2.5 billion high-voltage power line along the east coast, stretching from East Lothian to County Durham, starting in 2025.

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