UK launches $400 mn plan to strengthen wind supply chains
The UK Prime Minister has announced a £300 million (~$400 million) investment through Great British Energy to strengthen domestic offshore wind supply chains ahead of the Future of Energy Security summit. The move aims to attract global investment, create jobs, and revitalise the UK's industrial regions.
'Great British Energy will help the UK win the global race for clean energy jobs and growth by investing in homegrown supply chains and ensuring key infrastructure parts are made here in Britain,' said Dan McGrail, interim CEO of Great British Energy.
This initial funding—part of an £8.3 billion (~$11.07 billion) commitment for Great British Energy—will support components like floating offshore platforms and cables. It complements £43 billion in private clean energy pledges since July, the Department for Energy Security and Net Zero, Prime Minister's Office, 10 Downing Street, Great British Energy, The Rt Hon Sir Keir Starmer KCB KC MP and The Rt Hon Ed Miliband MP said in a joint press release.
'Delivering the Plan for Change means winning the race for the clean energy jobs of the future, which will drive growth and help us reach clean power by 2030,' said Prime Minister Keir Starmer.
The announcement comes as global leaders gather in London to address energy security and accelerate the clean transition.
The UK has announced a £300 million (~$400 million) investment via Great British Energy to boost offshore wind supply chains, attract global investment, and create jobs. Part of an £8.3 billion (~$11.07 billion) plan, it complements £43 billion (~$57.33 billion) in private pledges. The move was detailed in a joint release as leaders gather in London for the Future of Energy Security summit.
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