KPMG welcomes the new National Energy System Operator

As the Government launches the new National Energy System Operator (NESO), with responsibility for 'planning Britain's entire energy system, Simon Virley CB, Vice Chair and Head of Energy and Natural Resources at KPMG UK, said:

“With the scale of the challenge ahead as the Government looks to achieve its 2030 Clean Power Mission and overall Net Zero targets, having an independent, expert body advising the Government on the best way to achieve these goals is a welcome step forward.

“With NESO now in place from today, this marks a significant moment in the UK’s ability to make sure it stays on track to meet those decarbonisation ambitions, whilst ensuring energy security and keeping bills down as low as possible. The long-term ambition for NESO should be for it to be a ‘Bank of England equivalent’ for energy, operationally independent, providing expert, whole systems advice on meeting the targets set by the Government.”

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About KPMG UK

KPMG LLP, a UK limited liability partnership, operates from 20 offices across the UK with approximately 18,000 partners and staff. The UK firm recorded a revenue of £2.96 billion in the year ended 30 September 2023.

KPMG is a global organisation of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.