High voltage: In 2023-24, industry revenue is expected to rise due to changes implemented through the RIIO-T2 price control
The UK's electricity transmission network is made up of four high-voltage onshore transmission networks owned by the National Grid Electricity Transmission plc, SP Transmission plc, Scottish Hydro Electric Transmission plc and Northern Ireland Electricity Networks Ltd. Each company operates a regional monopoly on different transmission networks and is heavily regulated through price controls. Efforts by the government to decarbonise the electricity supply chain have necessitated substantial investment in transmission networks in recent years.
This industry owns, operates and maintains a network of high-voltage wires that carry electricity over long distances. The electricity transmission system connects electricity generators to the low-voltage distribution network that carries electricity to end users.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- SP Transmission plc
- Scottish Hydro Electric Transmission plc
- National Grid plc
Methodology
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