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National Grid proposes £54B plan to upgrade U.K. power networks

Jul. 07, 2022 11:43 AM ETNational Grid plc (NGG)By: Carl Surran, SA News Editor1 Comment

Electricity Sub-station

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National Grid (NYSE:NGG) published a report outlining upgrade proposals for the U.K. power grid until 2030 which would require a total investment package of £54B (~$64.4B), Dow Jones reported on Thursday.

The company said the

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08 Jul. 2022
Capacity factor for UK wind sector, approximately 30%.

Capacity factor for thermal generation in developed world, approximately 90%.

Somewhere somehow sometime, wind availability cannot meet load requirements. Inefficient and unreliable, a mirror for socialist central planning worldwide, massive corrupt bureaucracies destined for failure.

Tinker toys.

Long QID, long SARK. Save the planet, pray for peace.

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