The plan, proposed by Kwasi Kwartang, would see significant oversight functions returned to national control after decades of privatisation
Andy Prendergast, GMB National Secretary, said:
“The decision to renationalise key functions of National Grid is long overdue.
"Taking it back under public ownership means the system can be properly accountable and allows for the Government to take increased involvement in the sector.
“The truth is, the privatisation of such a key national resource has been a mistake, shown nowhere more than in the UK’s chaotic energy policy.
“Insufficient supply and a system that is overly complex has helped contribute to sky high bills and increased company profits.
“Hopefully this is the start of a greater level of involvement from the state in energy, something that is badly needed.”
Read more about the plan here.
