Great British Energy
The question
To ask the Secretary of State for Energy Security and Net Zero, what plans he has for (a) whole and (b) partial ownership of energy generation capacity by GB Energy by 2045.
Answered by Michael Shanks
Government does not intend for Great British Energy to buy existing generation assets from private sector operators. Instead, Government anticipates that it will develop a portfolio of new assets, boosting Britain’s energy security whilst also delivering revenues to the British taxpayer. Government will do this by working in partnership with the private sector, local authorities and communities.
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