UK Unveils £300 Million Boost for Clean Energy Supply Chain

Prime Minister Keir Starmer has announced a fast-tracked £300 million investment into the UK’s offshore wind supply chains, aiming to spark a new wave of clean energy manufacturing and job creation across the country’s industrial heartlands.

The funding will be delivered through Great British Energy, the UK’s publicly owned clean power company, and is being brought forward ahead of the Spending Review to signal the government’s intent to lead on global clean energy.

The Prime Minister made the announcement ahead of the Future of Energy Security summit in London, co-hosted by the UK government and the International Energy Agency, where leaders from around the world will discuss collective responses to global energy instability.

“Let my message to the world go out: come and build the clean energy future in Britain,” said Starmer, underlining the UK’s ambition to be a magnet for offshore wind investment.

💡 Key Points:

• £300 million in public funding will target domestic offshore wind supply chains, including manufacturing of floating platforms and cables.

• The investment is designed to mobilise billions in private capital, creating thousands of jobs and anchoring economic growth in the UK’s industrial regions.

• It complements the £43 billion in private clean energy pledges made since July.

• The move is part of the government’s wider Plan for Change, a muscular industrial strategy aimed at energy security, growth, and net-zero goals.

• The investment builds on previous government support such as the Clean Industry Bonus and the National Wealth Fund.

Energy Secretary Ed Miliband said the approach marks a new era of energy independence:

“We’re doubling down on our clean energy superpower mission – taking back control of our energy and protecting families from global market shocks.”

The summit, which includes attendees such as EU Commission President Ursula von der Leyen, aims to align governments and industry on accelerating the clean energy transition amid rising global tensions.