Labour's Vision: A Decarbonized UK with Publicly Owned Energy

1 min read
Source: Reuters
Labour's Vision: A Decarbonized UK with Publicly Owned Energy
Photo: Reuters
TL;DR Summary

Britain's Labour Party plans to address grid delays and invest in clean energy infrastructure by speeding up connections to the National Grid network. Labour aims to remove barriers to connections and facilitate a major upgrade to the national transmission infrastructure. The party also intends to end the situation where renewable developers are paid to turn off their energy generation due to grid overload. Labour's plans include the establishment of a publicly owned energy company, GB Energy, which will coordinate tenders for the supply chain needed for the revamped grid system.

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