Great British Energy
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential role of Great British Energy, including through a retail arm, in delivering a social tariff or national energy guarantee to support households facing high energy costs.
Answered by Michael Shanks
Great British Energy (GBE) as the government’s publicly owned energy development company is designed to deliver strategic, long-term investment in the UK’s energy infrastructure. GBE is a key part of the Government’s mission to deliver clean power by 2030 to protect billpayers from volatile international fossil fuel markets by increasing domestic energy production and bring down energy bills for good.
Whilst GBE has been set up to participate in the production, distribution, storage and supply of clean energy there are currently no plans for it to have a retail arm.
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