Keir Starmer Unveils Great British Energy Plan Amid Tory Criticism
Prime Minister Keir Starmer has announced plans for Great British Energy, aiming to build enough offshore wind capacity to power 20 million homes. He criticized the Conservative legacy, stating his administration is finding new issues daily. Energy Secretary Ed Miliband noted the initiative would take time to become profitable, with significant investments planned.
Prime Minister Keir Starmer has announced the launch of Great British Energy, a state-run green energy generation company, during a speech in Runcorn, Cheshire.
He revealed plans to build enough offshore wind capacity over the next five years to power 20 million homes, with the goal of reducing household energy bills by £300 annually.
Starmer lambasted the previous Conservative government for leaving behind a 'rot of shortsightedness and self-service,' claiming his administration discovers new issues daily.
Alongside Starmer, Energy Secretary Ed Miliband acknowledged that GB Energy would take time to become profitable, with an £8.3 billion investment set aside for new wind and solar projects.
The Great British Energy initiative is positioned as a catalyst for private investment and a step towards energy independence for the UK.