Scottish Power Energy Networks (SPEN) published its RIIO-T2 Business Plan on 1 July, outlining the ‘critical role’ that its transmission system in central and southern Scotland will play in achieving the Government’s net zero carbon targets.
The plan sets out investments of around £1.4bn to be delivered between 2021 and 2026 – after the end of the RIIO-T1 price control period. These investments will:
- enable an additional 3GW of low-carbon generation to be connected to the grid
- ensure the reliability of the transmission network remains at near 100%, and
- support the introduction of new technologies to support network efficiency and performance.
The network’s share of the typical electricity bill will average £4.99 per annum in RIIO-T2 – an increase of 36p from the final year of RIIO-T1 (2019/20).
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