More investment in renewables is required

Switch today and save £618*

in partnership with Banner_uswitch

Looking to switch your business energy supplier? Click here

* Between 1st June 2016 and 30th Nov 2016, at least 10% of people who switched energy supplier for both gas and electricity with uSwitch saved £618*

The government must draw up ambitious plans if it is to provide 15 per cent of the country's power from renewable sources by 2020, it has been claimed.

According to Steve Holliday, National Grid's chief executive, more subsidies are required if the UK is to avoid a shortfall in renewable energy generation as a result of the credit crunch.

He also called for tighter regulation of the energy sector, even if it has an impact on competition.

Mr Holliday said: "We should be very worried there is not a masterplan. If you set an aspiration you [should] work out a plan to do this."

He fears that the government may decide the 15 per cent target is unachievable.

Meanwhile, Levi Roots, the man behind Reggae Reggae Sauce, helped the National Grid celebrate the third anniversary of its ONE initiative.

The event was held at the Motor Heritage Museum in Gaydon and focussed on National Grid's core value of respect.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.



Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.