Regulator of the British energy market Ofgem said Monday it will invest £ 300m ($ 425m) in more than 200 low-carbon infrastructure projects to prepare the country for more electricity and heat transport.
The investment will be delivered over the next two years and is part of a £ 40bn investment plan to ensure Britain can switch to low-carbon transport and heating while maintaining a secure energy supply.
Britain will ban the sale of new petrol and diesel cars from 2030 as part of its goal of reducing emissions to zero by 2050. But as drivers switch from petrol and diesel to electric, cables, substations and other UK infrastructure needs a massive upgrade to support new electricity demand.
As part of its funding package, Ofgem said highway service areas and trunk road locations across the country will get the cables they need to install 1,800 new ultra-fast charging points for electric vehicles, which will triple the current network.
1,750 recharging points will also be given to cities. An increase in network capacity will be created to support more, more charging points renewable energy generation and more electric heating for homes and businesses, Ofgem said.