Pennon welcomes Lords Focus on energy infrastructure

24 Feb 2017

One of the UK's leading environmental infrastructure groups, Pennon, today welcomed a House of Lords report prioritising UK energy infrastructure investment.

A report by the House of Lords Economic Affairs Committee, published today (24th February), has called on ministers to establish a new energy commission to spur on construction of new power stations.

Commenting, Pennon Chief Executive, Chris Loughlin said:

"Investment in UK infrastructure, including energy, is a strategic priority for the government and its industrial strategy. As a group investing £1.5bn in a UK network of energy recovery facilities, powering the equivalent of over 332,000 homes, we share that vision.

"Today's Lords report on 'Reforming the Electricity Market' again shines a light on the need for investment in modern, next generation base load infrastructure. From securing finance in a post-Brexit Britain to the transition to decentralised energy and the role of energy storage, a UK Energy Commission would be a welcome focus for investors such as Pennon."