UK government to buy electricity system operator from National Grid for £630m

UK government to buy electricity system operator from National Grid for £630m

Energy industry, National Grid, Business, Ed Miliband, Utilities, Politics, UK news, Gas Business | The Guardian

​New operator, Neso, will also oversee Great Britain’s gas system as part of ‘clean energy superpower’ missionThe UK government has agreed to take control of the National Grid unit tasked with keeping the lights on in a £630m deal that takes effect from next month.Great Britain’s electricity system operator (ESO) will be transferred into public ownership to create a new national energy system operator (Neso), which will also oversee the gas system. Continue reading… 

New operator, Neso, will also oversee Great Britain’s gas system as part of ‘clean energy superpower’ mission

The UK government has agreed to take control of the National Grid unit tasked with keeping the lights on in a £630m deal that takes effect from next month.

Great Britain’s electricity system operator (ESO) will be transferred into public ownership to create a new national energy system operator (Neso), which will also oversee the gas system.

Continue reading… 

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