LONDON, July 25, 2024 (BSS/AFP) - Britain's new Labour government on Thursday lays out its flagship green energy infrastructure plan to parliament, as it also presents a multi-billion-pound energy partnership with the royal family's holdings company. The legislation will establish a publicly owned body called Great British Energy, which Prime Minister Keir Starmer wants to spearhead funding in renewable energy projects as the UK weans itself off fossil fuels. The Crown Estate is the royal family's land and property holdings. That makes it one of Europe's biggest property empires, with a huge commercial potential in developing offshore wind power generation. The government said that in doing so, 20 to 30 gigawatts of energy from offshore wind would be created by the end of the decade.

Source: Bangladesh Sangbad Sangstha July 25, 2024 04:41 UTC