Learn more

Ed Miliband has announced a £630million deal that means the Government will take control of the organisation behind Britain’s power systems. The Government has acquired the National Grid’s electricity system operations unit, which is the division tasked with keeping the country’s lights on and balancing supply with demand. The National Energy System Operator (Neso) will oversee planning for the UK’s gas system from next month, once it falls into public ownership. The cost of the deal will be initially met by the taxpayer but will be largely recouped via charges on energy bills. Miliband will s…

cuu