Keir Starmer and Ed Miliband are launching Great British Energy, which will tie up with the Crown Estate to use Royal-owned land
They will announce a tie-up between the new company and the Crown Estate which will see energy infrastructure built on land traditionally owned by the Royal Family.– meaning he could get a higher income if the proposed projects are successful.
Sir Keir said ahead of making a speech on energy in North-West England on Thursday: “My Government is laser focused on delivering change, to make people better off. This innovative partnership between Great British Energy and the Crown Estate is an important step toward our mission for clean energy by 2030, and bringing down energy bills for good.
Mr Miliband, the Energy Secretary, said in a document outlining the purpose of Great British Energy: “We already have public ownership of energy in this country, by foreign governments. The policy of this Government is that it is time for the British people to also own things again and build things again.”
The Crown Estate owns the vast majority of Britain’s seabed, stretching up to 12 nautical miles from the mainland, and leases parts of it to wind farm operators.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GB Energy: Labour teams with Crown Estate to boost wind energyGB Energy to partner with the Crown Estate to push forward offshore windfarm projects
Read more »
King Charles To Receive £45m Pay Rise As Crown Estate Profits SkyrocketKate is a Senior Trends Reporter at HuffPost UK, covering the day's most compelling stories. She has worked in the national news since she became a qualified journalist and was previously a reporter with Express.co.uk
Read more »
King gets £45m bonus as Crown Estate profits more than double to £1.1bnThe King goes green by fitting solar panels to the roof of Windsor castle and converting his Bentleys to bio-fuel but he's buying two new helicopters to help get around.
Read more »
Royal Family to receive extra £45 million of public money amid soaring Crown Estate profitsSoaring Crown Estate profits will see the Royal Family earn an extra £45m in the coming year.
Read more »
Monarchy to get £45m funding boost as Crown Estate profits top £1bnRising profits from the Crown Estate mean the taxpayer-funded Sovereign Grant will jump to £132m in 2025/2026.
Read more »
Could the UK's Crown Estate Shake-Up Accelerate Offshore Wind InvestmentThe UK government is proposing significant reforms to the Crown Estate, aiming to accelerate investment in offshore wind and green energy.
Read more »