Lincolnshire is projected to face an energy deficit within the next decade, which could limit business growth and prompt firms to relocate.
County officials are preparing regional energy strategies in collaboration with the National Energy Systems Operator (NESO), established in 2024, to address rising demand. Forecasts suggest that by 2032, energy requirements will exceed current capacity, particularly affecting sectors such as agriculture, advanced manufacturing, and defence.
Certain commercial areas, including Grantham, the Holbeach Food Enterprise Zone, and Sleaford Moor business park, are expected to experience the most acute constraints. The shortfall could restrict inward investment and operational expansion unless additional energy sources are developed.
Council officers are investigating a mix of solutions, including geothermal energy and nuclear Small Modular Reactors (SMRs) in the East Midlands. Early mapping exercises are under way to assess feasibility and capacity.
The situation underscores the tension between local opposition to some renewable and nuclear projects and the need for affordable, reliable energy to support economic growth. Business leaders and policymakers are urged to consider compromises to ensure Lincolnshire remains competitive and attractive for investment.
