PA Consulting Group’s Mark Fitch, an energy infrastructure expert, is quoted in the Financial Times. Mark shares his view on the announcement that National Grid, the UK power group, will be ordered to put in place stricter controls to prevent conflicts of interest but will not be broken up. This is in response to calls from Ministers to break up National Grid to prevent conflicts of interest in its role operating Britain’s electricity system.
Mark says that a compromise short of full separation looked the right decision for now, but he forecast further scrutiny in years ahead as the shift from big thermal power stations to more decentralised energy becomes clear, changing how electricity is produced and distributed.
Read the full article in the Financial Times