ScottishPower has unveiled contract opportunities worth £5.4 billion as it "turbo charges its next phase of electricity network investment".
The early new year boost for the supply chain by its SP Energy Networks business is the company's biggest issued contract opportunity ever and will see major investment in green energy infrastructure and green jobs which will bolster the grid for decades to come.
With electricity demand forecast to double in the next 10 years, the International Energy Agency says the UK needs more than 600,000km of new or upgraded electricity lines to meet its needs.
ScottishPower is at the forefront of unlocking green growth and now has billions of pounds in contracts on offer for the supply chain to support its electricity network ambitions and a net zero future.
Keith Anderson, ScottishPower CEO, said: "We're kickstarting the largest overhaul of the grid since its inception. Our investment plans will help grow our electricity networks, grow our workforce and will provide a massive opportunity for the supply chain whilst unlocking growth for the wider economy.
"It is vital we get serious about getting on with the job of consenting and getting this new grid built so that we can take advantage of clean green renewables, transport it around the country and lock in our energy security and maintain the UK's track record in leading on decarbonisation"
ScottishPower's grid business, SP Energy Networks, is now encouraging companies with the skills and experience to bid for contracts to design, develop and upgrade new and existing strategic transmission infrastructure.
This will include new high voltage substations, overhead line construction as well as design, engineering, construction, and electrical works.
Vicky Kelsall, CEO of SP Energy Networks, said: "This is one of the most significant infrastructure roll outs to upgrade the grid to support the electricification of the wider economy.
"We've got the plans and we've got the financial capital to invest, and the UK supply chain stands ready to benefit to the tune of billions."
The £5.4bn worth of contracts will cover the next 10 years and includes transmission projects across central and southern Scotland. It will help move more green energy across the country to help deliver a low carbon future, connecting 80-85GW of clean renewable energy to the GB transmission system and reduce the UK's reliance on fossil fuels.
In November, the UK Government announced plans to halve the time it takes to build high voltage power lines and cut the time it takes to connect to the grid. Its package of measures aims to support economic growth and cement the UK as one of the best countries in the world to invest in renewables.
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
14/11/2024
Brunstane Primary School in Edinburgh is set to undergo a significant £10 million transformation to become one of the greenest schools in the capital. Construction work, led by GRAHAM, commenced in October 2024 and is expected to be completed by winter 2025. The project involves a comprehensive ...
14/11/2024
Edinburgh City Council has approved an ambitious plan to guide the city's future development. City Plan 2030 outlines strategies to meet the needs of a growing population while protecting the city's heritage and environment. Key elements of the plan include: • Housing: The plan aims to deliver ...
14/11/2024
The CCG Group has taken a significant step towards sustainable construction by completing pioneering research into Whole-Life Carbon. This groundbreaking study provides crucial insights into the carbon emissions associated with the entire lifecycle of a building, from material extraction to ...
14/11/2024
Clark Contracts has been awarded a significant contract to undertake the deep retrofit of the building housing Scotland's National Retrofit Centre at BE-ST's Innovation Campus. The project aims to transform the building into a living laboratory for sustainable construction and energy ...
14/11/2024
Network Rail has successfully completed a £3.2 million investment programme to upgrade the West Highland Line. The four-day project, which ran from Saturday, 09 November, to the early hours of Wednesday, 13 November, involved extensive track renewals, structural repairs, and drainage improvements ...
14/11/2024
Dundashill Plot 3A, Scotland's largest Passivhaus-accredited residential development, has added another accolade to its list of achievements. The project recently won the CIH Housing Award for 'Excellence in Regeneration & Sustainability.' Located in north Glasgow, Dundashill Plot 3A is the first ...
14/11/2024
Glasgow City Council is set to transform a derelict site in Cadder into a 15-hectare woodland. The new green space will provide valuable habitat for wildlife, recreational opportunities, and outdoor learning experiences for the local community. The council has also secured funding to establish a ...
14/11/2024
HFD, Scotland's leading commercial property company, has appointed Chris McGhee as the new commercial lead for its construction business. With over 25 years of industry experience, McGhee will play a pivotal role in delivering high-quality, sustainable building projects across Scotland. McGhee ...
14/11/2024
SSEN Transmission employees recently joined forces with Friends of Loch Lomond and The Trossachs to contribute to the upkeep of the Three Lochs Way path in the Arrochar area. As part of their commitment to community engagement, the volunteers spent a day clearing overgrown vegetation and improving ...
14/11/2024
The Association for Project Safety (APS) has launched a nationwide campaign to address the pressing issue of mental health within the construction industry. The campaign aims to raise awareness, reduce stigma, and provide support to construction workers who are struggling with mental health ...