One of the UK's leading environmental infrastructure groups, Pennon, today welcomed a House of Lords report prioritising UK energy infrastructure investment.

A report by the House of Lords Economic Affairs Committee, published today (24th February), has called on ministers to establish a new energy commission to spur on construction of new power stations.

Commenting, Pennon Chief Executive, Chris Loughlin said:

'Investment in UK infrastructure, including energy, is a strategic priority for the government and its industrial strategy. As a group investing £1.5bn in a UK network of energy recovery facilities, powering the equivalent of over 332,000 homes, we share that vision.

'Today's Lords report on 'Reforming the Electricity Market' again shines a light on the need for investment in modern, next generation base load infrastructure. From securing finance in a post-Brexit Britain to the transition to decentralised energy and the role of energy storage, a UK Energy Commission would be a welcome focus for investors such as Pennon.'

Pennon Group plc published this content on 24 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 February 2017 17:18:15 UTC.

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