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Boris Johnson outlines plan to bolster London's energy independence

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A street light in front of the EDF London Eye. Photograph: Andrew Winning/Reuters

Image: A street light in front of the EDF London Eye. Photograph: Andrew Winning/Reuters

theguardian.com - April 25th, 2014 - Terry Macalister

Boris Johnson has announced plans for the London mayor's office to become the UK's latest electricity supplier with an official launch next year of a scheme aimed at lowering bills and bolstering the capital's energy independence.

London will be the first public authority to receive a "junior" electricity licence from industry regulator Ofgem as part of the plan to produce 25% of the capital's power from local sources by 2025.

Energy for London, as the scheme is likely to be named, will initially buy power from small-scale generators owned by London boroughs and public bodies and then sell it on to Transport for London and the Metropolitan police.

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