Introducing our first economic report
Scotland stands at a defining moment in its economic and energy history. The decisions taken this decade will shape not only how we power our homes and businesses, but how we deliver long-term prosperity for communities across the country. Our first Economic Report, Re-energising the North: Transforming Scotland, sets out both the scale of that opportunity and our commitment to turning it into reality.
Advanced economic modelling
In this report we use advanced macroeconomic modelling, validated by the renowned Fraser of Allander Institute, to assess how our investment supports growth in GDP, productivity and wages across both the Scottish and UK economies, helping to transform Scotland’s economy over the long term.
Through enhanced input-output modelling we show how this investment supports a stronger and more resilient economy in the north of Scotland, moving the region onto a higher growth path, one where output grows faster, earlier and for longer.
Download our 2026 Economic Report
Read the economic report in full or explore the spotlight appendices which summarise how our planned investments can support local priorities across individual council areas. Each spotlight outlines the scale of investment and the potential local benefits across five cross-cutting themes. Together, they show how grid investment can be translated into local opportunity by supporting jobs, strengthening supply chains, supporting communities and delivering a lasting legacy across Scotland.
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Re-energising the North, Transforming Scotland - 2026 Economic Report.pdf
- Type:
- Date:
- 23 June 2026
- Size:
- 31.1 MB
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Community benefit funding
Local value
Developed in partnership with local communities, our community benefit funds are one way we ensure that communities hosting new infrastructure benefit directly from our investment. We expect the value of this funding to reach over £100m in the coming years. -
1000 new homes
Housing legacy
We have pledged to support the delivery of 1,000 new homes as part of our Pathway to 2030 programme. By addressing housing challenges in rural areas, we will contribute to the region’s economic growth, improve living conditions, and leave a lasting legacy for the communities. -
Careers
Working with us
Working for us and our partners means building a rewarding career with real purpose. Our work will support an estimated 50,000 jobs across the UK, 24,000 of which will be in Scotland and 10,000 of these in the north of Scotland. This includes a range of earn-as-you-learn opportunities.
