HM Government (King's Speech 2024)'s pledge

A Bill will be introduced to set up Great British Energy, a publicly owned clean power company headquartered in Scotland, which will help accelerate investment in renewable energy such as offshore wind [Great British Energy Bill].

Made under the 2024 to 2026 Starmer Labour government, as GOV.UK labels it.

Made 2024-07-17 · Where it was made · archived copy · Government publication

What the official figures show

Funding for Great British Energy and Great British Energy - Nuclear, Spending Review 2025 period (latest)

£8.3bn

2026-10-23 · HM Treasury, Spending Review 2025 · receipt

Offshore wind (floating) installed capacity, UK (MW), end of April to June 2026 (latest)

79.63MW

2026-10-23 · Department for Energy Security and Net Zero, Energy Trends table 6.1 · receipt

Offshore wind (seabed) installed capacity, UK (MW), end of April to June 2024 (baseline)

15612.05MW

2026-10-23 · Department for Energy Security and Net Zero, Energy Trends table 6.1 · receipt

Offshore wind (seabed) installed capacity, UK (MW), end of April to June 2026 (latest)

16653.05MW

2026-10-23 · Department for Energy Security and Net Zero, Energy Trends table 6.1 · receipt

These figures are repeated from their sources and update automatically. We don't say whether the pledge has been kept.