Having a Government that isn't ideologically opposed to renewables is quite refreshing after 14 years. That's an understatement, it's awesome. Having met Ed Milliband, and many subsequent Tory Energy Ministers over the last 20 years (with my solar EPC business and Hyperion), I've still been surprised by the speed and level of ambition in this new government. But what does it mean for Cleantech? I think clearly GB will first and foremost be a renewable project developer and enabler. Focused on existing technologies, primarily Wind. If it really fixes grid connection issues it will be a game-changer for so much private sector renewable development, in Solar, WInd, Batteries and EV Charging.
For the start-up community, I don't see a direct support, but certainly there will be knock on effects in investor confidence in the Country, and an optimistic outlook after so many years of Tory doom, despair and Brexit.
80% of our clients at Hyperion are outside of the UK, we recruit in 17 countries. Long may we continue to do so, but the prospect of more clients and activity in the UK is exciting for us in the UK team. In fact one of our UK Mandates was to recruit the Project Director for the Mersey Tidal scheme. Let's hope GB Energy can help this become a reality.