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Energy networks comment ahead of Chancellor's summer statement

07 July 2020

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.”

About us

Energy Networks Association (ENA) is the industry body representing the energy networks. Our members include every major electricity network operator in the UK. The electricity networks are at the heart of the energy transition. They directly employ more than 26,000 people in the UK, including 1,500 apprentices. They are spending and investing £33bn in our electricity grids over the coming years, to ensure safe, reliable and secure energy supplies for the millions of homes and businesses reliant on power every day.

Press contacts

You can contact ENA's press office by emailing press@energynetworks.org. For urgent or out-of-hours enquiries from journalists, please call 0204 599 7691.