Labour donor Dale Vince has said the party’s planned state-owned energy company has the potential to lead the development of new technologies, but also stressed he was not seeking support for his own projects. The founder and owner of UK energy company Ecotricity said Labour’s Great British Energy company could also “make its mark” by helping to foster a national programme of solar rooftop installations to boost clean energy supplies.
Labour, which has a lead or more than 20 points in opinion polls, has put energy at the centre of its campaign, pledging to cut carbon emissions from electricity generation to net zero by 2030 — a target that some industry experts believe is unrealistic. About 32 per cent of Britain’s electricity came from gas-fired power plants last year, with more than 55 per cent from low-carbon sources including wind, solar and nuclear.
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