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Search resuls for: "GB Energy"


2 mentions found


LIVERPOOL, England Oct 8 (Reuters) - Britain's opposition Labour Party on Sunday said it would speed up connections to the country's National Grid network as part of investment in clean energy infrastructure and to ease delays electricity companies face. Labour said that its plans "to rewire" Britain would remove barriers to connections and "facilitate the largest upgrade to national transmission infrastructure in a generation". "Labour will turbocharge our growth, get Britain building and unlock private sector investment by speeding up the grid." Labour said the plans would contribute to its overall target to cut 93 billion pounds from UK energy bills by 2030. Under the plans, GB Energy will also coordinate the launch of tenders for the supply chain that the revamped grid system will need.
Persons: Keir Starmer, Rishi Sunak, Rachel Reeves, Alistair Smout, Barbara Lewis Organizations: LIVERPOOL, Labour Party, Labour, GB Energy, Conservative, Energy, Thomson Locations: England, Liverpool, Britain
LONDON, June 18 (Reuters) - Britain's main opposition Labour Party will pledge on Monday to turn the country into a clean energy superpower by 2030, with a promise to cut bills, create jobs and to overturn a ban on new onshore wind farms. However on Monday, Labour leader Keir Starmer will set out pledges for 100% clean and affordable power by 2030; to establish a publicly-owned energy company, GB Energy; to create a National Wealth Fund to invest in green technologies; and to upgrade poorly insulated homes. The party would also overturn the ban on new onshore wind farms which Labour says has added 5.1 billion pounds to energy bills, or 182 pounds per household, because Britain has been forced to turn to more expensive power. "We can cut bills, create jobs and provide energy security for Britain – that's what a Labour Government will deliver," Starmer will say in a speech according to remarks released by Labour. "We're going to throw everything at this: planning reform, procurement, long-term finance, R&D, a strategic plan for skills and supply chains."
Persons: Britain's, Keir Starmer, Michael Holden, David Evans Organizations: Labour Party, Labour, GB Energy, Wealth Fund, Britain –, Labour Government, Thomson Locations: United States, Britain
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