Great British Energy (GBE) has unveiled its Strategic Plan, presenting a practical five-year roadmap to accelerate the UK’s shift to renewable power and strengthen the nation’s industrial capacity.
The publicly owned energy company’s plan outlines key priorities to drive investment, support workers, and ensure communities benefit from the energy transition.
GBE aims to deliver at least 15GW of clean energy generation and storage assets by 2030, enough to power nearly 10 million homes. This investment is expected to attract £15bn in private finance through GBE’s long-term partnerships and investments.
The plan also includes support for over 1,000 local and community energy projects, expanding public participation and local control in the energy system.
GBE projects are set to support more than 10,000 jobs directly, including in regions traditionally reliant on oil and gas.
As a developer and equity investor, GBE will give the public a lasting stake in clean energy infrastructure. Returns from publicly owned assets will be reinvested into new capacity, jobs, and opportunities across the UK, building an income-generating portfolio.
The plan identifies three priority investment areas: GBE Local, which focuses on community and public service benefits; Onshore Energy, aimed at strengthening grid stability and unlocking land-based energy potential; and Offshore Energy, designed to advance UK leadership in deep-water offshore wind.
The Strategic Plan also details the £1bn “Energy - Engineered in the UK” programme, a major initiative launching later this month. This programme will reinforce the UK’s industrial base, support the Industrial Strategy, and build a resilient supply chain for clean energy, creating high-quality jobs nationwide.
GBE CEO Dan McGrail stated, “We are proud to be putting public ownership to work, unlocking investment, powering communities, creating jobs, and building an energy system that delivers for the UK. This Strategic Plan marks a major milestone in our mission to accelerate clean energy and the industries that support it.”
GBE Chair Juergen Maier said, “This plan puts the UK public at the heart of our energy future. By investing in clean power, supporting local projects, and unlocking British industry, Great British Energy will help deliver an energy system that works for everyone.”
Energy Secretary Ed Miliband added, “We set up Great British Energy to be a national champion that allows us to reap the benefits of Britain’s natural resources. This plan shows what a publicly owned energy company will deliver: an abundance of clean, homegrown energy for British people and thousands of good jobs across the country.”
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