The UK now has a state-owned clean-energy champion. Can it succeed?
Zero: The Climate Race · Bloomberg
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Show Notes
When the UK handed the Labour party a parliamentary majority last July, it promised to build a new state owned energy company called Great British Energy. It's almost exactly one year since its creation, and GB Energy now has a budget of £5.8 billion to get the organization off the ground. It sounds like a lot of money, but is it? And what exactly will the organization do with all of it? On Zero this week, Akshat Rathi spoke to Dan McGrail, interim CEO of GB Energy, to find out the answers.
Explore further:
- Watch the video of this conversation
- Great British Energy website
- UK’s New State Energy Company Will Spend £1 Billion on Grants - Bloomberg
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