Great British Energy: A new era in the UK's renewable energy landscape?

On the 25^th of July, the Prime Minister and Energy Secretary launched Great British Energy (GBE), a flagship initiative central to the UK's commitment to accelerating investment and delivery of clean, low-carbon energy projects. This strategic move aims to drive significant investment in new jobs, reduce the nation's reliance on fossil fuels, and foster a local partnership ethos in renewable energy development across the UK.

GBE's promising start with strategic partnerships

One of the first major partnerships under GBE has been announced with the Crown Estate, targeting the development of projects capable of generating up to 20-30GW of clean energy. While this is a promising start, GBE faces significant challenges in achieving its core objectives. Key hurdles include securing investment and confidence from developers, operators, and investors, as well as overcoming bottlenecks in the planning system and grid connection processes.

Navigating challenges in renewable energy development

Christopher Stanwell, Head of UK Planning at Fieldfisher, commented: The establishment of GBE is an exciting opportunity to deliver on the Government's Net Zero objectives. However, substantial reforms to the planning process are essential to fully leverage its benefits.

Cecily Davis, Construction and Projects Partner at Fieldfisher, added: "GBE's incorporation is a crucial milestone for the UK's Net Zero ambitions. Nevertheless, significant challenges persist, especially in enhancing grid connection capacity and accessibility."

Comprehensive legal support for successful project delivery

Fieldfisher's International Renewables team is at the forefront of supporting the renewable energy sector in the UK and EU. Our expertise spans planning, construction, financing, technology, and corporate support for projects in solar, photovoltaic (PV), energy storage, wind, and carbon capture and storage (CCS). We help clients in navigating the complex landscape of renewable energy development, ensuring that projects are not only viable but also positioned for success in a rapidly evolving market.

With our extensive experience in handling renewable energy planning projects, Fieldfisher is well-equipped to help clients overcome the obstacles associated with planning and grid connection. Our team works closely with stakeholders to streamline processes, secure necessary approvals, and facilitate successful project delivery. By partnering with Fieldfisher, clients can leverage our team's deep industry knowledge to navigate the challenges and opportunities presented by the UK's ambitious energy transition goals.

Get in touch with our international renewables team for expert advice.