Last Updated on 25th June 2024
ScottishPower, a subsidiary of Iberdrola, has launched its largest-ever contract opportunity—a USD 6.82 billion tender to revamp and expand the UK's electricity transmission infrastructure. This monumental investment targets a decade-long grid overhaul.
The contract will encompass the construction of new substations, overhead lines, and design and engineering works, creating thousands of jobs.
The USD 6.82 billion worth of contracts includes transmission projects across central and southern Scotland. It aims to facilitate the transfer of more green energy across the country, contributing to a low-carbon future by connecting 80–85 GW of clean renewable energy to the GB transmission system and reducing the UK’s reliance on fossil fuels.
ScottishPower is actively encouraging companies with the requisite skills and experience to bid for contracts involving the design, development, and upgrade of new and existing strategic transmission infrastructure.
Keith Anderson, CEO of ScottishPower, expressed, "Our investment plans will not only expand our electricity networks and workforce but also provide a significant opportunity for the supply chain, unlocking growth for the wider economy.”
Vicky Kelsall, CEO of Scottish Power Energy Networks, affirmed that the company possesses the financial capital to invest, benefiting the UK supply chain.
The GB transmission system, formally known as the National Electricity Transmission System of Great Britain, is the vast network of high-voltage power lines that carry electricity across England, Scotland, and Wales. It's a critical piece of infrastructure that keeps the lights on for millions of homes and businesses.
ScottishPower is a major energy company in the United Kingdom, headquartered in Glasgow, Scotland. It is a subsidiary of the Spanish utility company Iberdrola. ScottishPower has a long history in the energy sector, dating back to its formation in 1990.
ScottishPower owns and operates a diverse portfolio of renewable and low-carbon power generation assets, including wind farms, hydroelectric power stations, and biomass plants. The company is the first integrated energy company in the UK to generate 100% green electricity. Some of the projects executed by Scottish Power include:
Are you looking for a platform that gives you reliable, high-quality, and timely project insights for Overhead Power Transmission Line Projects in United Kingdom?
Get information about upcoming and ongoing Overhead Power Transmission Line Projects with Blackridge Research & Consulting.
The Global Project Tracking (GPT) platform by Blackridge Research is designed to provide you with the most recent Overhead Power Transmission Line Projects in UK better and faster across various stages of development:
The user-friendly interface helps you obtain early-stage awareness of projects and find the right business opportunity quickly.
Each project will have all the essential details, such as scope, capacity, CapEx, status, project description, companies involved, funding information, location, periodic updates, important event dates like construction start date, commissioning dates, and key contact information of project owners and stakeholders.
The database is a vital resource for a wide range of entities, including Power Companies, Engineering, Procurement, and Construction (EPC) Contractors, Operation and Maintenance (O&M) Companies, Electrical Cable Companies, Electrical Component Suppliers, Electrical Engineers, Electrical Subcontractors, Financial Institutions, Investors, Credit Agencies, Regulatory Bodies and Government Authorities, Local Contractors and Service Providers, Insurance and Risk Management Firms.
Book a Free demo to learn more about the India Overhead Power Transmission Line Projects database and how we can help you achieve your goals.