Electricity North West has announced plans for an additional £200 million investment to support clean growth and expand vital infrastructure across the region.
This proposal is in addition to the company’s existing £2 billion, five-year investment programme, designed to meet increasing customer demand. Submitted to energy regulator Ofgem, the plan has received backing from more than 20 regional stakeholders, including MPs, local councils, and Greater Manchester Mayor Andy Burnham.
The investment aims to boost network capacity, enabling the growth of new businesses, clean energy generation and storage, electrified public transport, and the rollout of rapid electric vehicle charging points. It also aligns with the Government’s target of achieving a clean power system by 2030 and is expected to create new jobs, develop essential skills to sustain economic growth and support a greener economy.
Ian Smyth, CEO of Electricity North West, reiterated the company’s commitment to ensuring the electricity grid meets regional needs and ambitions, stating: “The grid cannot be an impediment, and investment needs to keep pace with ambition.”
Ofgem is expected to make a decision on the proposal in September.