GREAT British Energy has started recruiting in Aberdeen, raising hopes that the city could soon be confirmed as the headquarters for the UK’s new publicly owned energy company.
More than 900 corporate leaders have endorsed a movement to locate the new firm, boasting a financial strength of over £8 billion, in the North-east of Scotland.
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.
This week, several positions in Aberdeen have been posted on LinkedIn, and UK Energy Minister Michael Shanks, who is responsible for the establishment of Great British Energy, is visiting the city for meetings with the energy industry.
The Department for Energy Security and Net Zero is seeking an Engagement Lead, Policy Advisor, and someone to oversee facilities in Aberdeen. Additionally, there is a position available for a £160,000 annual salary co-director to oversee emissions trading and decarbonisation efforts.
However, there are also job openings in Edinburgh, Salford, Darlington, Cardiff, and Birmingham. Ed Miliband, the energy minister, has narrowed down the potential locations for Great British Energy’s headquarters to Aberdeen, Edinburgh, and Glasgow.
What will GB Energy do?
Great British Energy will “develop, own and operate assets”, investing in partnership with the private sector. It will have a capitalisation of £8.3billion of over the term of the parliament.
The government said Great British Energy will take a stake “in projects and supply chains which accelerate technologies of the future” with the aim of placing the UK at the front of the global race for technology which has major global export potential.
It will facilitate, encourage and participate in the production, distribution, storage and supply of clean energy, the reduction of greenhouse gas emissions from energy produced from fossil fuels as well as measures for furthering the transition to clean energy and improving energy efficiency.