UK to spend over £1.8 billion on grid management in 2025: Bloomberg
British consumers are expected to pay over £1.8 billion in 2025 to help manage the power grid, as maintenance and grid limitations restrict the movement of renewable electricity from Scotland to cities in England. These costs, aimed at balancing supply and demand, challenge the UK government as it works to increase wind energy capacity while lowering electricity bills. Despite an increase in wind power, the grid’s limitations and the structure of the UK electricity market…