EVOL: GB Energy finally comes to Aberdeen
That wait is over! Prime Minister Keir Starmer announced at this week's Labour Party conference that GB Energy will be based in Aberdeen.
GB Energy
Welcome, GB Energy, but let’s not kid ourselves
The UK's major energy company isn’t the be all and end all as the Energy Profits Levy, combined with a potential removal of tax allowances, still hangs over the sector like the Grim Reaper stalking its next victim.
UK energy sector reacts to GB Energy headquarters announcement
The UK energy sector has welcomed confirmation that GB Energy's headquarters will be based in Aberdeen, but called for more clarity over the government's energy policy.
Aberdeen confirmed as GB Energy HQ, but questions over detail remain
The UK government has confirmed Aberdeen will host the headquarters of GB Energy, but questions over its exact role still remain.
Shrinking oil and gas profits tax take ‘casts doubt’ on UK Government plans
The decline in the North Sea tax base raises further questions over the £1.2bn per annum uplift in windfall tax revenues which the government has ear marked to fund GB Energy.
John Swinney vows Scotland will grasp energy opportunities ‘with both hands’
Scotland will seek to maximise the opportunities from energy policies pursued by Westminster, First Minister John Swinney vowed as he met key UK Government figures in the sector.
North Sea must ‘look beyond’ windfall tax to be ‘open for business’
UK energy minister Michael Shanks has urged North Sea investors to "look beyond" the government's proposed windfall tax, despite warnings the oil and gas sector is "under threat".
GB Energy scouts for office space in Aberdeen
Efforts to find an office for Labour’s new GB Energy headquarters in Aberdeen are under way, Energy Voice sister publication the P&J can reveal.
EVOL: Winds of change blowing… just not strong enough
This week EVOL looks at AR6 winners, the onshore wind conference and GB Energy as rumours reach reach fever pitch.
‘Barely anything’ in Great British Energy as MPs vote in favour of Bill
Opposition parties criticised the lack of detail contained within Labour’s GB Energy bill as energy secretary Ed Miliband introduced it for its second reading in Westminster today.
GB Energy Bill: challenges for in-house legal teams and how they can be managed
Pinsent Masons discuss potential headaches for energy law in-house legal teams as the GB Energy Bill gets its second reading.
GB Energy must enact Labour’s energy transition goals, says DNV boss
DNV's chief executive of energy systems at said he is "happy to share" his ideas for GB Energy if the government asks ahead of Bill's second reading.
GB Energy’s Clean Goal
In one of the first pieces of legislation to be introduced by the new UK Government, the Great British Energy Bill (“Bill”) was introduced on 25 July 2024 with the purpose of establishing a new public company, Great British Energy (“GB Energy”), to drive the transition to clean power by 2030.
A strategic vision for investment and innovation in wave energy
Mocean Energy's Cameron McNatt outlines a strategic vision for wave energy in the UK, and the role GB Energy could play.
GB Energy jobs ads go live as Shanks appears in Aberdeen
The Department for Energy Security and Net Zero (DESNZ) has shared a number of Aberdeen-based job ads relating to Great British Energy.
Labour policy ‘blitz’ on clean energy backed by public, polling suggests
The Government’s clean energy policy “blitz” is getting noticed by the public and appears popular, polling suggests.
Aberdeen councillors say Labour’s windfall tax puts just transition at risk
Aberdeen councillors, including Labour members, have unanimously backed a motion agreeing the UK government's windfall tax policy puts jobs and a just transition at risk.
Already starving, GB Energy staggers into life
Great British Energy will be a publicly-owned energy company, designed to drive clean energy deployment, boost energy independence, create jobs and ensure UK taxpayers, billpayers and communities reap the benefits of clean, secure, home-grown energy.
UK government ups AR6 renewable energy budget to £1.5 billion
Offshore wind developers will vie for £1.1 billion in funding under AR6, with budget boosts for floating wind and tidal projects as well.
ScottishPower boss hopes to double UK energy investment by 2030
ScottishPower’s boss has said he hopes to double the firm’s investments in UK energy projects to as much as £24 billion if Labour’s policy changes pay off.
Team GB Energy – going for green gold
In the same week as the Paris Olympics will officially start, the UK Government launched GB Energy, the public energy company focused on advancing and delivering the UK’s clean energy ambitions.
Aberdeen, Edinburgh and Glasgow emerge as final GB Energy contenders
Aberdeen, Edinburgh and Glasgow are reportedly the three contenders for the headquarters of GB Energy.
Labour councillor says business group to blame if GB Energy snubs Aberdeen
An Aberdeen Labour councillor said the "negativity" of local business leaders will be to blame if his party does not select the Granite City as the headquarters for GB Energy.
PM: Reaping benefits of clean power will ‘take time’ but bills will fall by £300
Sir Keir Starmer has warned it will “take time” to reap the benefits of clean power initiatives but stood by a claim that Labour’s plans will eventually drive down household bills by £300 a year amid confusion over the commitment.
GB Energy’s first move leads wind industry questioning strategy
The first move by newly created Great British Energy is prompting the industry to question the priorities and purpose of the state-backed company.