Ofgem is closely monitoring National Grid’s investment in HV cables and transmission maintenance due to previous underspending concerns. The Heathrow power outage in May 2024 highlighted the need for reliable transmission networks to support the UK’s energy transition goals. Similar investment issues are noted across Europe, impacting renewable energy expansion.

Supply chain problems have caused delays in grid renovations by National Grid, showing the need for better planning. The upcoming Polymers in Cables report by AMI Market Intelligence will focus on the rising demand for HV cables in Europe, material supply developments, and growth in telecom and transport sectors.

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For further information on our forthcoming report, contact Golara Mousavian, Industry Consultant- Energy and Infrastructure