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. Well that’s what it says on the back of the tin, so to speak. However, Secretary of State for Energy Security and Net Zero Ed Milliband has admitted that it could take five years for Labour’s new taxpayer-owned energy company to start turning a profit. … read more »
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