Post: Great British Energy publishes its first Strategic Plan 

Great British Energy publishes its first Strategic Plan 

Great British Energy (GBE) has set out plans to accelerate the UK’s shift to renewable power and strengthen the nation’s industrial backbone.  

Published on 4 December, the Strategic Plan outlines GBE’s priorities for the next five years and shows how a publicly owned energy company can drive investment, support workers, and ensure communities feel the benefits of the energy transition.  

GBE will operate as a developer and equity investor, giving the public a lasting stake in the full lifecycle of clean energy infrastructure. The returns generated from publicly owned assets will be reinvested into new capacity, new jobs and new opportunities across the UK. Initial investments will be focused on priority areas that will best deliver a balanced portfolio:

• GBE Local: ensuring that communities, and public services directly benefit from the clean energy infrastructure in their area
• Onshore Energy: unlocking the energy potential of our land and strengthening grid stability across the country
• Offshore Energy: accelerating the UK’s leadership in deep-water offshore wind and driving long-term growth in the sector 

The plan also notes that in the period to 2030, GBE will deliver:   

• At least 15GW of clean energy generation and storage assets
• £15B of mobilised private finance over time, driven by GBE’s investments and long-term partnerships
• Support to over 1,000 local and community energy projects, expanding public participation and local control in the energy system
• More than 10,000 jobs, directly supported through GBE-backed and funded projects, including in areas historically dependent on oil and gas
• An income-generating portfolio, with income reinvested into more capacity and more opportunity 

The Plan also provides further detail on the £1B “Energy – Engineered in the UK” programme, a major initiative designed to strengthen the UK’s industrial base and help deliver the UK’s Industrial Strategy. The programme will help build a resilient, long-term supply chain for clean energy and support high-quality jobs across the country. It will be formally launched later this month.