Re-nationalisation is the only way to address the climate and cost of living crisis and make the essential changes we need to our energy system. We need to develop a plan to reduce energy use, generate 100% of electricity from renewables and electrify everything. In order to do this, it is essential that the energy sector is renationalised, and operated as a non-profit, public utility run as a public service under the democratic control of workers and communities. It should be used to rapidly drive electrification of all aspects of the economy, a rapid and just transition to 100% renewable energy, and reductions in energy usage.
There are five key aspects to doing so:
- Re-integrate ESB Group and operate it on a not-for profit mandate
- Transform the Commission for Regulation of Utilities to a People’s Power Agency
- Reduce energy usage throughout the economy based on prioritising people’s needs over corporate profits
- Recognise renewable power as a natural resource – to be developed publicly
- Nationalise the major private electricity generators