SNP leader Nicola Sturgeon has used her 2017 conference speech to announce that the party is looking into plans for a not for profit, publicly owned energy company. Ms Sturgeon confirmed that the pledge to explore the option, which appeared in last year’s SNP manifesto, would be taken forward. She said more details would be set out in the government’s forthcoming energy strategy. She said: “Energy would be bought wholesale or generated here in Scotland – renewable, of course – and sold to customers as close to cost price as possible.
Energy Voice 11th Oct 2017 read more »
Nicola Sturgeon has unveiled plans to create a new state-owned Scottish energy firm in a move aimed at driving down soaring energy costs. It will be available to all customers across Scotland and operate as an alternative to the current privately-owned giants like npower and Scottish Gas. The new firm will be set up by 2021 and Ms Sturgeon told delegates at the SNP conference in Glasgow yesterday that the new firm would give allow low income Scots to turn to a supplier only concerned with “securing the lowest price for customers. A spokesman for Ms Sturgeon later said the new firm would supply electricity and gas. “Energy would be bought wholesale or generated here in Scotland – renewable, of course – and sold to customers as close to cost price as possible,” she said. “No shareholders to worry about. No corporate bonuses to consider. “It would give people – particularly those on low incomes – more choice and the option of a supplier whose only job is to secure the lowest price for consumers.”
Scotsman 10th Oct 2017 read more »
NICOLA Sturgeon is holding out the prospect of a new era of cheaper energy bills with the creation of a publicly-owned, not-for-profit energy company. The First Minister said the new company would be set up within the current Holyrood parliament and offer a new choice of supplier, with consumers paying “as close to cost price as possible”. The ambitious plan was the most eye-catching in a series of announcements made by Ms Sturgeon in her closing address to the annual SNP conference in Glasgow.
Herald 11th Oct 2017 read more »
In what must come as a welcome boost to the flagging hopes of renewable energy workers and supporters Nicola Sturgeon has announced the Government’s intention to establish a publicly owned energy company that will be fuelled specifically from renewable energy. Of course a lot of detail remains to be worked out, but if what’s in the can matches the label then this should be a big opportunity for an industry that has been laid low by Westminster’s refusal to fund any further land based wind or solar projects. The Scottish Government’s emphasis is on keeping costs down, but that is not a problem for onshore renewable energy whose costs have been declining rapidly in recent times. What they lack at the moment is long term guarantees about income to be earned for energy generation. Nicola Sturgeon’s proposal seems likely to plug this gap. The Scottish Government (SG) could carry out its mission by various means, provided it achieves the central necessity of issuing long term agreements on levels of payment per unit generated from renewable energy projects. It would also be popular if priority could be given to schemes that are community based, that is owned whole or in part by ordinary people.
Dave Toke’s Blog 10th Oct 2017 read more »