Wednesday 15 July 2015

National Grid accused of ‘failing Britain’ by overseeing capacity drop

In a Guardian article Alexander Temerko argues that it is National Grid’s fault that the country is facing a spare capacity crisis. National Grid failed to invest in a forward-looking power grid, which lead to inability to connect new capacity. He adds that the company should be broken up in a profit-making company responsible for overseas assets and interconnection and a public service company responsible for managing UK’s power grid 

Additionally Alexander Temerko suggested that the government should take a lead on reforming the company if we are to see a long-term solution to UK’s energy problems. 

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