The UK could need up to $63 billion of investment in the power distribution network nationally to support additional demand and generation through 2050, double the current pace of additional investment, said the National Infrastructure Commission, the government’s independent infrastructure advisor. The UK will likely need investments of between $47 billion (£37 billion) and $63 billion (£50 billion) by 2050 as a “step change” is required in investment in Great Britain’s local electricity networks.…