Scottish Power are investing £1.35b to upgrade the power network to carry power generated by wind turbines in Scotland down to England.
Offshore cables via the North Sea will divert and sell power to England. Chancellor Rachel Reeves said the project would help “bring down bills, put more money in working people’s pockets and enable businesses to expand” but has not yet explained what this will mean for customers north of the border.
The UK taxpayer is contributing £600m to the Glasgow-based, Spanish-owned utility company, Scottish Power as part of the upgrade.
Energy secretary Ed Miliband added that the cash would “help to deliver clean power by 2030 by speeding up grid upgrades – bringing cheaper, homegrown renewable power into homes and businesses, while supporting skilled jobs across the country”.
