Ofgem delivers £300 million down payment to rewire Britain’s roads

Energy regulator Ofgem is planning to help power the electric vehicle revolution, with motorway service areas and key trunk road locations across the country set to get the cabling they need to install 1,800 new ultra-rapid charge points, tripling the current network.

TransportandEnergy.com reports a further 1,750 charge points will be supported in towns and cities. As drivers make the switch from petrol and diesel to electric, Britain’s cables, substations and other infrastructure need a massive upgrade to support this new demand for electricity.

The investment will be delivered in the next two years and is part of a much bigger plan to ensure Britain has the energy infrastructure it needs to support the move to low carbon transport and heating while maintaining secure supplies.

The magnitude of this investment is expected to be in the order of over £40 billion through Ofgem’s regulation of energy networks.

Read the full story here.

(Picture – Highways News)

Facebook
Twitter
LinkedIn
Email
Print

Related Stories

HIGHWAYS... DAILY

All the latest highways news direct to your inbox every week day

Subscribe now