Great British Energy
The question
To ask the Secretary of State for Energy Security and Net Zero, with reference to the Great British Energy founding statement, published on 25 July 2024, whether he plans that every project invested in by Great British Energy will make a return by 2030.
Answered by Michael Shanks
Great British Energy will be an operationally independent company, overseen by a Board. The exact impact and timeline of Great British Energy’s interventions will be determined by detailed development and design of the organisation’s functions. Any discussions around specific project to support would be determined by Great British Energy itself, as an operationally independent company, once fully established.
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