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Great British Energy Bill – A new proposed publicly owned energy company

On 25th July 2024, the Government published the Great British Energy Bill to propose a new publicly owned business that aims to invest in renewable energy industries. The purpose of Great British Energy is to manage and expand on clean-energy projects such as wind farms throughout the country, with the aim of being able to deliver clean power by 2030.

The benefit to this newly announced company is still uncertain however, the Government has stated the harnessing of clean energy will reduce energy bills, protect wildlife and nature and will be owned by the public. The date the company becomes live is unknown while it is in the beginning stages.

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