GE Vernova publishes study on UK's decarbonisation process

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Additional 250 GW of renewable and decarbonised generation, approximately 2.5 times that of existing capacity, will need to be added to the power system / More than £50bn investment, twice as much as that of the past five years, is required in power generation and storage capacity alone this decade / 80 GW additional transmission line capacity is required along the Scottish and English boundaries, to optimise use of renewable electricity

GE Vernova today (NYSE:GE) released a study, Challenges in the Electricity Market: 2025-50 – Reaching Net Zero Carbon in Great Britain revealing that if urgent action is not taken within the next three years to accelerate investment, additional build-out of renewable, decarbonised generation, and electrical grid, transmission,... ... More: Official Press Release GE Vernova

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