National Grid response to Conservative energy policy announcement

19/03/2010

Responding to today’s announcement on energy policy from the Conservatives, National Grid chief executive, Steve Holliday, said:

“The Conservatives are focusing on all the right areas.  Key energy issues like CCS, nuclear, renewables, the planning regime, smart grids will be crucial to meeting climate change targets and maintaining energy security.

“We particularly welcome the Conservatives’ proposals for a more strategic approach to creating an offshore grid, connecting up new wind generation and increasing our interconnection with the rest of Europe.  This open networks approach will be the most cost effective way of helping the country achieve secure low carbon energy.

”But ultimately, in all these areas it is action that will count and it will be vital to get the detail of the commercial frameworks right.  We’re committed to working with the Conservatives, as we are with all of the political parties, to help them achieve this and play our part in making the critical energy investments that the country needs in the coming decades.”

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For further media information only, please contact National Grid Media Relations on 01926 656536.

Notes to Editors:

National Grid
National Grid is an international electricity and gas company and one of the largest investor-owned energy companies in the world. We play a vital role in delivering gas and electricity to millions of people across Great Britain and northeastern US in an efficient, reliable and safe manner. We believe the power of action can play a major role in safeguarding our global environment for future generations and tackling the effects of climate change, providing all our customers with the highest standards of service through network investment and through our talented, diverse workforce.

National Grid owns the high-voltage electricity transmission network in England and Wales and operates the system across Great Britain. It also owns and operates the high pressure gas transmission system in Britain and its distribution business delivers gas to 11 million homes and businesses.

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