Making Britain a clean energy superpower by 2030 is one of the new government's five missions. The UK Government and Crown Estate have announced plans to join forces to create a new publicly owned energy firm. GB Energy will invest in homegrown, clean energy.
SSE response to GB Energy announcement
"We welcome the focus of GB Energy on earlier stage technologies, such as carbon capture and storage (CCS), where the Government can de-risk projects and help accelerate the clean energy transition.
Alistair Phillips-Davies Chief Executive
In areas such as offshore wind, where industry is already delivering mission-critical infrastructure, the biggest impact will be on delivering policies that speed up the build out of these essential projects.
As one of the largest clean energy investors in the UK, SSE looks forward to discussing co-investment opportunities with GB Energy, as together we create a more affordable and sustainable home-grown energy system."
Investing billions in homegrown, clean energy
Now is the time to power change. That's why we're investing over £20 billion in homegrown energy. We're building the world's largest offshore wind farm. We're transforming the grid. We're delivering thousands of good jobs. And we're ready to invest billions more.
As the UK and Ireland's clean energy champion, we aim to deliver over 20% of the networks and offshore wind investment required to meet UK climate targets. We look forward to working with GB Energy to deliver the benefits of this country's massive clean energy potential.
Find out more about how we're investing billions in homegrown, clean energy.