Energy networks comment ahead of Chancellor's summer statement: UK parliament

07 Jul 2020

Energy networks comment ahead of Chancellor's summer statement

The Chancellor is making a statement in the House of Commons tomorrow in which he is expected to outline his plans to support the economy.

David Smith, Chief Executive of Energy Networks Association, said:

“Following the ambition set out in the Prime Minister’s ‘New Deal’ speech last week and the Chancellor’s commitment to a new home insulation plan, we look forward to the remaining detail of his announcement.

“The energy networks are already investing and spending around £64bn between 2015 and 2023 and with the right investment signals, will be able to leverage even more investment for the shovel-ready projects they have across the country.

“The energy networks are ideally positioned to support a green economic recovery – through a truly regional footprint which supports 36,000 jobs and by building the crucial infrastructure we need to decarbonise heat, transport and heavy industry. Bringing forward investment in electric vehicle infrastructure and supporting a hydrogen economy will speed up our shift to becoming a carbon neutral country while creating high-value jobs right now.”

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About Energy Networks Association

We're the voice of the networks. We’re the trade body for the companies which run the UK and Ireland’s energy networks, keeping the lights on and gas flowing.

As the voice of the energy networks, ENA acts as a strategic focus and channel of communication for the industry. We promote the interests and good standing of the industry and provide a forum of discussion among company members.

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