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Scotland to set up publicly-owned energy company by 2021 - Sturgeon
October 10, 2017 / 3:08 PM / 10 days ago

Scotland to set up publicly-owned energy company by 2021 - Sturgeon

GLASGOW, Scotland (Reuters) - Scotland will set up a publicly-owned, not-for-profit energy company by 2021 to increase competition and choice for consumers, First Minister Nicola Sturgeon said on Tuesday.

FILE PHOTO - First Minister Nicola Sturgeon speaks on the 20th anniversary of Scotland voting to establish its own Parliament, in Edinburgh, Britain, September 11, 2017. REUTERS/Russell Cheyne

“Energy would be bought wholesale or generated here in Scotland – renewable, of course – and sold to customers as close to cost price as possible,” she told her party’s autumn conference.

Reporting by Elisabeth O'Leary; Editing by Kate Holton

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