NETTING ZEROES: PUBLIC HEAT – PRIVATE PROFIT

City Leap  BE

An announcement in March that the council’s £7.3m City Leap procurement process had finally come to an end and US firm Ameresco had got the contract to ‘decarbonise’ the city by 2030 was accompanied by a lovely Thatcherite kick in the teeth from Labour. As it was also revealed that the city’s heat network assets would be handed to Ameresco’s partner, Vattenfall to run.

Vattenfall is an energy multinational owned by the Swedish state. So we’re in the odd position of handing some of the city’s publicly owned energy assets over to the Swedish people to financially benefit from. Go figure. The announcement of this giveaway – that’s not even a sell-off as no price tag is attached – comes after claims as recently as February that the networks would be put into a joint venture company owned by the council and the private partner.

Bristol Holding boss, Peter Beange assured councillors at a scrutiny meeting on February 9 that the heat networks would be part of “a successful share sale to the winning City Leap joint venture.”

Not any more. The brand new networks of underground pipes and heat centres built with public money over the last seven years will now be fully privatised so that Bristolians can be squeezed for profit for heating their homes and businesses in an unregulated energy market. 

The news didn’t seem to bother councillors at a scrutiny meeting on 28 March when the u-turn was revealed. Instead they engaged in another round of cheerleading for the private sector. Strange, because Labour, Green and Lib Dem politicians have all called for the Tories to nationalise energy providers in the face of the cost of living crisis and huge energy price hikes.

It’s like politicians come out with any old populist bollocks that they have no intention of really fighting for isn’t it?

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