Ensuring our region can decarbonise is the top priority for our stakeholder and our plan delivers on the call for action with an ambitious £1bn of investment to support our communities on the way to net zero emissions.
By 2028 the energy system will need to be ready to serve a different world and our network is set to play an even more crucial part in the life and wellbeing of our region.
In one of the most ambitious national responses to the threat of climate change, the UK government enshrined the net zero by 2050 target in law in 2019 and accelerated it again to 78 per cent by 2035 in response to the advice of the Climate Change Committee (CCC) in setting the Sixth Carbon Budget. By the end of the 2023-28 period, the country needs to be well on the way to a decarbonised energy system to achieve this – and our network is at the heart of how it will be delivered.
In conjunction with our stakeholders, we have created a plan with three key elements of decarbonisation investment;
Scenarios & Investment - Consideration of the possible energy pathways that could unfold in our region
In response to these pathways, we set out what investment we need to make on our network to keep all pathways open to ensure our network is ready for LCTs being connected in the future.
Further details can be found in our Scenarios and investment planning annex.
DSO - Investment in systems and skills to harness data and flexibility of our network and our customers, to facilitate optimised investment in the grid.
Further details can be found in our DSO strategy.
Whole Systems - Alongside an investment strategy that favours solutions that optimise the whole energy system where efficient, we set out our plans to collaborate and explore initiatives to deliver whole energy systems benefits to customers into future price controls.
Further details can be found in our Whole Systems strategy