Great British Energy

Great British Energy (or GB Energy) is a planned British governmental investment body that has been announced as part of the British Labour Party's plans for energy policy. The proposed body would invest in renewable energy. The Labour Party plans to pass legislation in the form of an "Great British Energy Bill" to enable the creation of the company.

Prior to June 2024, Great British Energy had previously been floated by the Labour Party as being a proposal for the creation of an energy generating company, rather than an investment body. The idea was originally created by the former Labour leader Ed Miliband as part of a wider platform of policies.

Great British Energy will have its headquarters in Scotland. A target has been set for GBE to be directly responsible for generating 8 GW of renewable power by 2030. According to the Labour Party, some of the funding for GBE would be provided from additional taxation of the fossil fuel industry.

On 5 July 2024, the newly appointed Secretary of State for Energy Security and Net Zero, Ed Miliband, made his first formal announcement to civil servants, outlining his priorities to make the UK a clean energy superpower with the creation of GB Energy.