Thaw
Aye like, so it is.
What is Great British Energy?
Labour’s Great British Energy: ‘investment vehicle, not an energy company’
The UK Labour Party has given more details on its vision for Great British Energy, a publicly owned clean energy company.
www.current-news.co.uk
"Starmer confirms GB Energy isn’t an energy company but an investment arm for private sector &
will not:
1) produce energy
2) sell energy
3) own any energy infrastructure"
"The company’s three initial priorities will be co-investing in new technologies, scaling and accelerating mature ones and scaling up municipal and community energy. Labour has pledged that, if elected, it will more than double the UK’s onshore wind capacity to 35GW. It will also fast track at least 5GW of offshore wind capacity, quadrupling offshore wind with the ambition of 55GW by 2030.
Labour would also triple solar power to 50GW. However, its climate policy is not only focused on renewable energy generation: It will get new nuclear projects at Hinkley and Sizewell over the line, extend the lifetime of existing plants, and back new nuclear, including Small Modular Reactors.
Finally, it would double the government’s target on green hydrogen, with 10 GW of production for use particularly in flexible power generation, storage, and industries like green steel."
I am a bit sceptical about the timelines. There is supposed to be a wind farm being built near my sisters house. The planning application was first made in 2015 and they still haven't started building it.
Home | Pencloe
www.pencloe.com
Last edited: