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Helen Chandler-Wilde: Incentives Need to Line Up in UK Economy
In this newsletter we frequently discuss the need for new infrastructure in the UK. Last week we talked about wind farms in the Scottish islands, and the fact that despite them generating lots of electricity, a lack of cabling means much of it can’t reach the mainland and actually power homes.
This is not just a Scottish issue: the UK needs to add twice as much network infrastructure over the next five years as was built in the last 10 to meet targets. Getting to that point will be expensive or politically challenging, or possibly both: underground cabling is very pricey, while overground pylons usually cause NIMBY objection.