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Burnham’s GB Grid announcement has caused quite the stir.

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Selling it as a pivotal moment for British energy, he boldly claims the new publicly owned energy company will “increase competition, drive down costs, and speed up connections”.

But as rousing as the thought of lowered bills and businesses plugging straight into the grid may be, Burnham must face up to reality: privatisation is not the grid’s biggest problem – and ending it is not the solution.

Grid operators are doing their best to deliver sorely needed change at a time when our energy infrastructure faces more complex challenges than ever before. But they’re hampered by outdated regulatory frameworks and ill-fit policies which slow down innovation and stall infrastructure........

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