Local Area Energy Plans: Finance
The question
To ask the Secretary of State for Energy Security and Net Zero, how much Local Power plan funding will be allocated between each of the UK nations.
Answered by Michael Shanks
The Local Power Plan will be delivered through Great British Energy (GBE). GBE will benefit all four nations, creating jobs and building supply chains across the UK, while respecting the devolution settlements.
GBE’s funding envelope provides a total amount to operate across all UK Nations. GBE will be capitalised with £125 million in 2025‑26 to set up the company and begin delivery on its functions.
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