Speed up electricity grid upgrade or else face higher bills, raises concern over UK watchdog

The Guardian — World has reported on “Speed up electricity grid upgrade or else face higher bills, raises concern over UK watchdog,” presenting it as the central development in the source material available for this brief.

National Audit Office states failure to implement £70bn modernisation would also hold back economic growth The ‘great grid upgrade’ is off track – ministers should spell out the risks for bills Consumers is expected to pay higher energy bills unless the UK government speeds up work on a vast programme of upgrades to the electricity grid to enable the switch to renewables, the public spending watchdog has raised concerns about. The report also notes that The National Audit Office (NAO) stated that without faster action the extra costs associated with managing the ageing power network, which are ultimately passed on to the public, could reach £7.8bn a year by 2030.

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