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2025

Path to Net Zero

Policy Landscape in the UK

Key Policies / Bills for Net Zero 2030 Goals

03 | Key Policies / Bills for Net Zero 2030 Goals

Establishment of Great British Energy (“GBE”) as a Publicly Owned Company to Accelerate Low-Carbon Infrastructure

  • Established through the Great British Energy Bill, GBE is a public, independent energy company created to spearhead the UK’s clean energy transition across generation, distribution, storage, and delivery.

  • GBE will focus on technologies such as floating offshore wind, solar, tidal, wave energy, battery storage, carbon capture, and hydrogen.

  • Backed by £8.3 bn of new capital over the current parliament, GBE aims to deliver 8GW of renewable energy capacity by 2030, supporting the UK’s clean power ambitions and energy independence.

  • In the June 2025 Spending Review, £2.5 bn of this capital was designated for small modular reactor (“SMR”) development through Great British Energy – Nuclear (“GBE-N”), a separate but allied entity, while the remaining £5.8 bn continues to support GBE’s renewable energy projects.
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  • GBE has already committed £1 bn to strengthen the offshore wind supply chain, targeting manufacturers of floating platforms, cables, and related technologies, to expand domestic capability and support the scaling of renewable energy infrastructure.

  • Working in partnership with The Crown Estate—which holds a £16 bn land and seabed estate—GBE is positioned to unlock up to £60 bn in private investment for clean energy infrastructure. This collaboration will accelerate offshore wind leasing, grid connection planning, and seabed innovation to meet UK climate targets.

  • In its launch phase, GBE’s development activity will be supported by the NWF, leveraging NWF’s established financing pipelines and capabilities to accelerate deployment while GBE builds its own operational capacity. The NWF–GBE partnership will focus on rapid scale-up of early flagship projects and crowding in private investment.

  • Through combining developer-driven project leadership, local and community engagement, strategic partnerships with industry, and strong capital backing, GBE is structured to advance the UK towards a clean-energy superpower—ensuring the net-zero energy transition is both inclusive and regionally beneficial.