PM SIR Keir Starmer will tomorrow vow to unlock thousands of new jobs with a green energy project in the North.
Alongside Chancellor Rachel Reeves and Energy Secretary Ed Miliband, he will argue “the tides of industry are turning before us” and “now is the time to invest in the jobs and technology of the future”.
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Labour research shows 10,000 fewer onshore wind jobs were delivered under the Tories, with 2,500 renewable energy projects blocked in the past five years alone.
Ahead of the announcement, Industry Minister Sarah Jones said: “The Tory chokehold on infrastructure, planning and development is over.
“Labour will use our mandate to take on the blockers stealing the future from our children.
“We will get on with building the projects that the British public voted for and, in doing so, we will spur on our project of national renewal in a loud declaration that Britain is once again open for business.”
Bills would be slashed by £300 a year under Labour’s plans for a publicly-owned clean energy company, Sir Keir Starmer insisted in June.
At a factory in Cheshire, the PM confirmed GB Energy would ensure hefty prices drop by 2030.
He said: “GB Energy will drive down bills.
“It gives us energy independence because the UK currently relies on international markets, which is why the energy prices have faced a harder hit than other countries.
Sir Keir added that it would “take time” for hard-up households to see the benefits of GB Energy, but ministers were “moving at pace” to guarantee a fall in the price of power by the end of the current parliament.
Asked if he stands by Labour’s promise to slash bills specifically by £300, the PM said: “Yes I do – I stand by everything in my manifesto.
“We have already taken action in week one in relation to onshore wind, in relation to solar energy and also pushing on with nuclear.
“So I stand by that commitment.”
The PM also announced his new state-owned energy company would team up with the Crown Estate to begin developing monster offshore wind farms.
The monarchy’s property empire owns almost all of Britain’s seabed and leases it to wind farm operators.