Author: Kiran Stacey and Fiona Harvey

The new national energy company in Britain, Great British Energy (GBE), is set to become a major player in the energy sector, with plans to run windfarms, tidal power, and carbon capture schemes. Jürgen Maier, the chair of GBE, envisions the company competing with multinational firms like Ørsted and Vattenfall. Despite facing challenges, including potential tax rises and spending cuts, Maier remains steadfast in his belief that GBE can become a national champion in the energy industry. The company aims to invest in offshore wind, hydrogen power, carbon capture, and nuclear power over the next five years. Maier emphasizes the…