Could National Grid rethink be a prelude to the end of privateers’ power?

Last Updated: June 16, 2016By
The committee has not stated whether the operator would be public, private or non-profit [Image: Andrew Milligan/PA].

The committee has not stated whether the operator would be public, private or non-profit [Image: Andrew Milligan/PA].

Because the National Grid is a privatised utility company, there is a potential for a conflict of interest between its duty to keep the lights on and the commercial opportunities it pursues.

For this reason, it seems MPs are questioning whether some of this company’s duties should be transferred to an independent operator, in order to maintain impartiality.

At last, the potential for corruption in the private sector model of service provision is attracting attention. It’s 30 years late, but better late than never!

Let us hope this is the first of many initiatives to take power away from the privateers and put it back where it belongs – with the people.

A powerful parliamentary group has called for the National Grid to be stripped of its powers for balancing the energy system in Britain due to a potential conflict of interest.

The House of Commons energy and climate change committee is urging the government to transfer control for ensuring all methods are used to keep the lights on to a newly created independent system operator (ISO).

The committee report, Low Carbon Network Infrastructure, says the system needs a shake up just days after the Energy Institute complained that continual changes in energy policy were frightening away investment.

“The government should set out its intentions regarding an ISO as soon as possible, and consult on a detailed, staged plan for their implementation, so as to avoid injecting uncertainty into the energy sector,” recommends the report.

Source: National Grid needs overhaul, say energy committee MPs | Business | The Guardian

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5 Comments

  1. Gary June 17, 2016 at 4:12 am - Reply

    If this recommendation came from the Tories I’d be very very sceptical about anything to do with privatisation with their track record of greed ?

  2. Dez June 17, 2016 at 9:21 am - Reply

    It is refreshing that at least they have woke up to these issue but has taken so long. There are a few more similar issues that need addressing and taken away from failed national infrastructures and back with the people.

  3. Tommaz Jay June 17, 2016 at 11:19 am - Reply

    Totally agree. Power, Gas and Water were stolen from the people to line the pockets of the greedy corporations and their shareholders. Its about time that we had them back in public ownership. Not nationalisation but run as a not for profit company ownd by the people

  4. Joan Edington June 17, 2016 at 11:57 am - Reply

    I have always thought that the grid should be a public service with the cost of connecting supply to it not being a geographical/political lottery. Small generators and those in areas of low population pay large sums to connect. while generators around London etc are actually paid to connect.

  5. Nicholas June 18, 2016 at 9:31 am - Reply

    Good. A huge media and parliamentary silence on conflicts of interest where private healthcare multinationals are running and increasingly restructuring our NHS. Ex head of United Health Simon Stevens running NHS England to name the most obvious example.

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