Energy Market: Diversity Supply

Part of Business, Energy and Industrial Strategy – in the House of Commons on 12th February 2019.

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Photo of Barry Sheerman Barry Sheerman Labour/Co-operative, Huddersfield

Has the Minister had recent conversations with the power distribution networks? They are very powerful, they transmit all the electricity, and they are owned by very strange people, in my view. Warren Buffett owns all the power distribution in the north through Berkshire Hathaway. The Chinese own it all in London and the south-east through the Cheung Kong and Li Ka Shing enterprises. Are they efficient? Are they effective? Do they work in the national interest, or in somebody else’s national interest?