Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Monday, November 3
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » Finance » UK Autumn Budget Allocates £125 Million to Launch Great British Energy and Accelerate Clean Energy Projects
Finance

UK Autumn Budget Allocates £125 Million to Launch Great British Energy and Accelerate Clean Energy Projects

By Samuel JenkinsOctober 31, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Rachel Reeves. (Credit: World Economic Forum/Flickr)
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Chancellor Rachel Reeves announced that Great British Energy, a new public body, will receive an initial £125 million to drive forward project development and establish headquarters in Aberdeen. This includes £100 million allocated in 2025/26 for clean energy project development, supplemented by £25 million for the company’s setup. Over the next five years, Great British

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Aberdeen Carbon Capture Hydrogen Incentives Infrastructure Low Carbon Offshore Rachel Reeves Scottish Renewables Solar UK Government Wind
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleOCEaN Urges EU for Policy Action on Maritime Spatial Planning for Climate and Biodiversity Goals
Next Article Colombia’s First Offshore Wind Round: £125 Million Invested, Nine Companies Begin Accreditation Process

Related Posts

UK Government Announces Major Offshore Wind Partnership

July 26, 2024 Wind Energy

US Treasury Provides Guidance on Domestic Content Bonus to Boost American Manufacturing

May 16, 2024 Finance

Swedish Renewable Developer OX2 AB Reports Steady Net Profit for 2023

February 22, 2024 Finance

BP’s Gas and Low Carbon Energy Business Reports Decline in 2023 Profits

February 7, 2024 Finance

UK’s Net Zero Energy Ambitions Require Over £900 Billion Investment, Says NatWest-BCG Report

December 7, 2023 News

UK Government Announces £960 Million Funding for Clean Energy Manufacturing

November 19, 2023 Finance
Latest Post

Simply Blue Secures Strategic Investment from Kansai Electric to Expand Offshore Wind Portfolio

October 31, 2025

Topsoe Opens Europe’s Largest Solid Oxide Electrolyser Manufacturing Plant in Denmark

October 31, 2025

R.Power Begins Construction of 55MW Solar Park in Romania

October 31, 2025

Fugro Q3 EBITDA Falls Amid Offshore Wind Weakness and Oil, Gas Delays

October 31, 2025

Peel Ports Pledges Additional £10 Million Investment at Great Yarmouth Site

October 31, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

Friends

  • EVMagz
  • Pivle
  • SpaceMagz
  • Teknowire
  • Smashresume
  • Smashfreakz

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?