GB Energy’s 1,000 Jobs Pledge in Aberdeen May Take Two Decades, Admits Company Chair

GB Energy, the state-owned renewable energy company established by Prime Minister Sir Keir Starmer’s government, may require up to 20 years to fulfill its commitment of creating 1,000 jobs in Aberdeen, according to the company’s chair, Juergen Maier. This timeline contrasts with earlier expectations set by the government.

Sir Keir Starmer had pledged that GB Energy, headquartered in Aberdeen, would generate 1,000 jobs and reduce consumer energy bills by up to £300. However, in his first broadcast interview, Maier indicated that only 200 to 300 positions are anticipated to be created within the next five years. He emphasized that the company’s growth is a “very long-term project” and that reaching the 1,000-job target could span two decades.

Local Concerns and Industry Reactions

The Aberdeen and Grampian Chamber of Commerce expressed apprehension regarding the extended timeline. Chief Executive Russell Borthwick noted that the city’s workforce, with approximately 50,000 individuals employed in the energy sector, is “nervous” about the future. He stressed the need for “quick wins” to instill confidence and urged for tangible progress within the next six months.

Unions have also voiced concerns about the potential for GB Energy to over-promise and under-deliver. Derek Thomson, Unite’s Scottish Secretary, highlighted the risk of significant job losses in the northeast if GB Energy does not expedite the creation of substantial green employment opportunities.

Government’s Position

Energy Minister Michael Shanks recently affirmed that the UK government has “not moved away” from its ambition of creating “over 1,000 jobs” through GB Energy. Despite the revised projections, the government maintains its commitment to the initiative’s long-term goals.