KPMG responds to National Grid ESO’s Winter Outlook
Response to National Grid ESO's Winter Outlook 2022/23 from Simon Virley CB, Vice Chair and Head of Energy and Natural Resources at KPMG.
Response to National Grid ESO's Winter Outlook 2022/23 from Simon Virley CB, Vice Chair
“Today’s Winter Outlook report shows just how challenging this winter could be. The Government, Ofgem and National Grid are looking to use every tool available to ensure reliable energy supplies and avoid paying excessive prices for imported gas. Businesses should adopt the same approach of looking at all the levers at their disposal, including energy efficiency, interruptible contracts, demand side response and onsite generation.
“While this is a short-term gas crisis, now is not the time to pull back from the Energy Transition. It’s vital that we double down and accelerate the moves to home grown clean energy. To get that done, we need the Government to put in place the right market frameworks, so UK plc doesn’t miss out on international investment, and speed up the planning and consenting process for essential new infrastructure.”
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