Brexit hasn’t affected investment, says UK Power Networks boss

  The UK’s decision to leave the EU has not had a negative impact on the investment decisions made by UK Power Networks. CEO Basil Scarsella told ELN investors see the UK market as having the “best” regulatory regime. UK Power Networks is a distribution network operator for electricity covering South East England, the East […]

“We could have done more” on Christmas power cuts

The boss of the firm responsible for power distribution in the South East of England has admitted they “could and should have done more” for customers during the recent power cut. Thousands were left without power over Christmas after heavy winds damaged pylons and power lines. Basil Scarsella, Chief Executive of UK Power Networks suggested […]

UK Power Networks’ £7.5bn to improve electricity distribution

UK Power Networks (UKPN) is planning to spend around £7.5 billion between 2015 and 2023 to improve its electricity distribution network. In its draft business plan published today, the operator said it aims to continue delivering reliable electricity supplies to its 8.1 million customers across London, the South East and the East of England. The […]