The Chancellor of the Exchequer, Rishi Sunak MP, presented his Spending Review 2020 to parliament today and also published a new National Infrastructure Strategy.
David Smith, Chief Executive at Energy Networks Association which represents the UK and Ireland’s energy networks businesses said:
“The Chancellor has made decarbonisation a priority in the Spending Review and highlighted the energy networks' vital role in helping the UK shift gear to achieve net zero carbon emissions in just 30 years' time. We're supporting the drive towards electric vehicles, a hydrogen economy, greener gas and the smart energy grid. To do all of this while providing the public with the best possible service requires significant private investment over the next three decades and a strong policy framework all backed up by a supportive regulatory regime. The government's ambitions here are clear, and we look forward to helping this become a reality."
About Energy Networks Association
Energy Networks Association (ENA) is the industry body representing the electricity wires, gas pipes and energy system in the UK and Ireland.
ENA helps its members meet the challenge of delivering electricity and gas to communities across the UK and Ireland safely, sustainably and reliably.
Its members include every major electricity and gas network operator in the UK and Ireland, independent operators, National Grid ESO which operates the electricity system in Great Britain and National Grid Gas which operates the gas system in Great Britain. Its affiliate membership also includes companies with an interest in energy, including Heathrow Airport and Network Rail.
What are energy network operators?
Energy network operators manage and maintain the wires, pipes and other infrastructure which delivers electricity and gas to your home, business and community. They are private companies which are regulated by Ofgem and employ around 40,000 people in Great Britain.