GB Energy given five years to turn a profit Politics The boss of Great British Energy has been given a five-year target for Labour’s flagship state-owned energy company to become “profitable”, MPs have been told. Juergen Maier, who was appointed chairman of GB Energy in June, was asked at the Commons energy security and net zero committee whether he had a timeline on profitability. He [...]
Don’t believe Miliband’s spin on green energy Opinion The only thing “record-breaking” about the latest clean energy auction is the subsidies Ed Miliband’s thrown at it. Time to level with taxpayers about the true cost of net zero, says Tim Focas Here we go again – it didn’t take long did it. The new government, with Ed Miliband at the helm of energy [...]
GB Energy to work with Crown Estate to develop offshore wind farms, says government Energy Britain’s newly created state-owned energy company, Great British Energy, is to partner with the monarchy’s property firm to help speed up the building of offshore wind farms.
A King’s windfall: Turbines help Crown Estate to record payday. Here’s how much King Charles gets July 24, 2024 King Charles is in line for a bumper £45m pay rise, a 50 per cent increase on last year's packet, thanks to sky high profit at the Crown Estate.