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ScottishPower |

Transmission Business Plan

SP Transmission Successfully Fast-tracked (Jan 2012)

We are pleased to announce that we have reached agreement with the Government Energy Regulator Ofgem to fund an investment plan totalling £2.6 billion pounds over the 8-year period from 2013 to 2021. This is the most significant plan in the last 70 years in the Transmission network.

Our investment plan will:

  • Create up to 1,500 new jobs in the ScottishPower Transmission licence area
  • Connect offshore and onshore wind generation in Scotland of around 11 GW (enough to power over 6 million homes)
  • Reduce carbon emissions by over £2 billion (equivalent to 45 million tonnes of CO2)
  • Increase the export capacity from Scotland to England from 3.3 GW to at least 7GW
  • Modernise the transmission network to ensure that the excellent security of supply continues

The updated SP Transmission RIIO-T1 Business Plan

Supporting Annexes:

RIIO T1 Business Plan (July 2011)

  1. 1. Introduction
  2. 2. Our Stakeholders and Customers
  3. 3. Our Outputs Strategy
  4. 4. Load Related Expenditure
  5. 5. Non-Load Related Expenditure
  6. 6. Operating Costs
  7. 7. Delivering the Plan
  8. 8. Innovation Strategy
  9. 9. Financial Strategy
  10. 9A. Appendix: Cost of Capital NERA
  11. 9B. Appendix: First Economics RPEs

RIIO T1 Executive Summary (July 2011)