Over half a trillion pounds of investment required by 2040 to achieve UK’s clean energy transition ambitions

One of the largest infrastructure investment programmes for decades will be required across renewable generation, electricity networks, energy storage and low carbon tech to achieve the UK’s energy transition, according to research published by Santander UK and Standard Life. 

The findings outlined in the report, Unlocking investment to finance the UK’s energy transition, highlight that £511 billion of investment is needed for the transition by 2040 – the equivalent to around £40 billion a year on average. UK financial institutions and other institutional investors already manage significant capital to support it; however, with long term financing requirements and growing capital needs, pressure is likely to increase on traditional financing structures.