Labour pledges to create a publicly owned clean energy giant

Great British Energy

Keir Starmer has pledged that a Labour government will create Great British Energy, a new publicly owned renewable energy company, in its first year in office.

The energy giant, aimed at ensuring the party's planned expansion of clean energy, would deliver British jobs and greater energy security, he told attendees at the annual party conference today (27 September). The Labour party leader said the role of GB Energy will be to provide "additional capacity" alongside the private sector to "establish the UK as a clean energy superpower and guarantee long term energy security" and also help protect the UK from relying on fuel from countries run by "tyrants like Putin". Labour declared that a publicly-owned company is the "best way to ensure th...