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Scotland to set up publicly-owned energy company by 2021 – Sturgeon

Scotland to set up publicly-owned energy company by 2021 – Sturgeon

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GLASGOW, Scotland, Oct 10  – Scotland will set up a publicly-owned, not-for-profit energy company by 2021 to increase competition and choice for consumers, First Minister Nicola Sturgeon said on Tuesday.

“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 told her party’s autumn conference.

Source: Reuters
Anand Gupta Editor - EQ Int'l Media Network

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