May 15, 2019
Labour's energy plan 'last thing' National Grid needs
PA The Labour Party's plans to nationalise the UK's energy networks would hinder the shift to green energy, National Grid has said. The Labour proposals are contained in a document entitled Bringing Energy Home, due to be presented on Thursday by leader Jeremy Corbyn and Rebecca Long Bailey, shadow energy secretary. "However, after the report was leaked, National Grid said:"These proposals for state ownership of the energy networks would only serve to delay the huge amount of progress and investment that is already helping to make this country a leader in the move to green energy. This is not the first time National Grid has hit out at Labour plans to nationalise the energy network. In 2017 the party's manifesto committed it to "Take energy back into public ownership to deliver renewable energy, affordability for consumers, and democratic control", prompting the company's boss to tell the Guardian newspaper: "Clearly we do not think it is a good idea."
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