British consumers are set to spend over £1.8 billion on payments to help manage the power grid in 2025 as maintenance limits how much renewable electricity can move from Scotland to cities in ...

UK energy regulator Ofgem approved a plan to stimulate as much as £4 billion ($5.2 billion) of spending on the power grid as the country targets a zero-carbon network by the end of the decade.

The UK’s National Wealth Fund has announced a £600mn loan to Spanish energy giant Iberdrola to upgrade the British power grid, marking its largest commitment so far.