Associate
- Joined
- 8 Jan 2004
- Posts
- 1,188
Gross under-investment tbh. This is only going to get worse across all utilities over the next couple of decades.
The various electricity network companies invest ~£5-£10bn every year in the networks - and replace only around 1% of the asset base over that period. If the assets had a 100 year lifespan that would be fine - but most are designed to last only 40 years and were installed in the 60s and 70s. Anyone with primary school maths can work out the problem that we'll be facing very soon!
The various electricity network companies invest ~£5-£10bn every year in the networks - and replace only around 1% of the asset base over that period. If the assets had a 100 year lifespan that would be fine - but most are designed to last only 40 years and were installed in the 60s and 70s. Anyone with primary school maths can work out the problem that we'll be facing very soon!

