In the UK energy in the form of Gas and Electricity is transferred and distributed to businesses and homes by a number of private businesses. Between them they use 289,000Km of gas pipes – enough to circle the world six times and 800,000Km of Electricity lines and cables, sufficient to connect to the moon – twice.
The UK government is actively developing new energy sources as part of its Renewable Energy Roadmap. As these sources of supply come on line the energy networks in the UK will need to adapt to accommodate the new source location, local supplies and different patterns of supply.
On this page you can read more about the opportunities for investment in the UK Energy Networks market.
Energy Networks and the UKs low carbon commitment
The UK has a commitment to reduce greenhouse gas emissions by 80% by 2050, relative to 1990 levels. In that context, the challenges for Energy Networks are:The UK is currently highly dependent on gas for power generation and domestic use. As the UK moves towards lower carbon energy sources the Gas infrastructure will need to be updated.
Low carbon energy sources can be in locations away from existing distribution opening opportunities for Investment in new distribution systems.
As levels of renewable generation are brought on line new challenges matching supply to demand will need to be met. This will call for innovation and investment to manage unpredictable generation and supply and demand. Solutions in storage, Demand side control, smart grids and management of suitable large sources of demand that can be controlled.
Smart Energy Systems
The new area of smart energy systems – smart grids and smart meters are in the demonstration phase in the UK and will move into deployment over the next two years. It is likely to involve a very wide range of companies, many of which may not be involved in the UK energy supply chain today.
Heavy Electrical connection
Currently the UK is served by Siemens, ABB and Alstom/Schneider. And new participants are arriving such as Mitsubishi Electric as the new demands for cabling transformers and distribution equipment arise.