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Scotland to set up publicly-owned energy company by 2021: Sturgeon
October 10, 2017 / 3:09 PM / 12 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.

Scotland's First Minister and Scottish National Party (SNP) Leader, Nicola Sturgeon, speaks on the final day of the SNP conference in Glasgow, Scotland October 10, 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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