Energy UK comments on National Grid's System needs statement
Following the National Grid’s System Needs and Product Strategy statement. Energy UK has issued the following statement.
Lawrence Slade, chief executive of Energy UK said:
"As our electricity system evolves, we must make best use of all the UK’s energy resources to deliver long-term security while cutting both emissions and costs to consumers. A diverse, competitive energy sector is increasingly well-placed to deliver this.
"We welcome National Grid’s commitment to simplification and transparency, and recommend that future price controls are tailored to ensure innovation and competition are encouraged, not stifled. These principles should be at the heart of the government’s anticipated Smart System paper, setting the direction of policy for a smart, flexible energy infrastructure."