UK Labour party leader Sir Keir Starmer has launched his policy to create a state-owned Great British Energy company within months as the country faces a general election on 4 July and key decisions await a new government on nuclear development and deployment.

Starmer, who according to polls is expected to be UK’s next prime minister, said the company will resemble large energy companies in Europe such as France’s EDF and Sweden’s Vattenfall and will oversee and fulfil Labour’s green energy policy giving a priority to nuclear power and renewables.

Speaking in Scotland on 31 May as part of his campaign ahead of the 4 July election, Starmer also launched an energy policy that sees Britain producing 100% of its electricity from green energy by 2030 from the current level of just over 50%, producing home-grown energy and reducing bills.