Govt to take over parts of the Grid

[dan_b]

I need to understand the detail here - it’s not that the Govt is nationalising the National Grid - but a part of it that does a specific thing?

https://renews.biz/95689/uk-government- ... -of-ngeso/

[Adokforme]

Thanks for posting @dan_b I was a little concerned that along with electricity and gas, Hydrogen and other emerging technologies such as carbon capture were included. But then came across the sentence "“We are ready, and look forward to providing expert independent advice and working collaboratively across all parts of the energy sector, with government, the regulator and within our communities across Great Britain.”
Hoping from it that they are indeed independent and should ultimately ensure that any funds directed offer the best value of a return as opposed to wasting £ billions on either Hydrogen for heating and transport or the other big black hole, Carbon Capture.

[AE-NMidlands]

A bit more on this here: https://www.theguardian.com/business/20 ... d-for-630m

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.
The government hopes that by bringing together the separate units involved in planning Great Britain’s electricity and gas networks under one publicly owned company, the system operator can adopt a more strategic approach to achieving a net zero energy system by 2030.

Ed Miliband, the energy secretary, said Neso would have “a huge role to play in delivering our mission to make Britain a clean energy superpower” by providing “impartial, whole-system expertise on building a network that is fit for the future”.
...
The decision to remove the ESO from National Grid’s ownership was made under the previous Conservative government because of concerns over a conflict of interest relating to the operator’s role providing strategic advice to government officials. The deal was expected to take place in July this year but it was delayed until 1 October because of the general election.
The FTSE 100 company will continue to own and run most of the transmission cables and electricity distribution grids across the country, and will also continue developing the high-voltage cables linking the nation’s grid to other countries.

[Krill]

That press release actually seems reasonable: The conflict of interests is obvious, and I can see how it fits into a "Great British Energy" company development.

[Mart]

It does sound like a good idea.

Memory is nagging me, wasn't the conflict of interest why ESO(NG) was partly spun off? So a logical conclusion perhaps?

Edit - Sorry AE-NMidlands covered it in the quoted section.

[Moxi]

https://www.msn.com/en-gb/money/other/g ... 38f4&ei=61

Another article about NESO - light on detail but sets out the governments aspirations and largely in the same vain as earlier postings on this topic.

Moxi