GB Energy CEO admits 20-year timeline for 1,000 Aberdeen jobs

Juergen Maier, the chair of GB Energy, indicated that fulfilling the Labour government's pledge to create 1,000 jobs in Aberdeen could take up to 20 years, a stark contrast to earlier estimates of 200 to 300 jobs to be created within the next five years. In a recent interview, Maier acknowledged that while there is a long-term ambition for job growth, developing energy companies typically spans decades. This has raised concerns among union representatives and local business leaders, who fear that delays could lead to economic challenges in the northeast. Labour's initiative is part of a broader plan to transition workers from the oil and gas sector to renewable energy jobs, with hopes of reducing household energy bills by £300 in the long term. The lack of clarity on timelines for job creation and bill reductions has left many in the community feeling uncertain about the project's progress. Local stakeholders stress the need for immediate action to build confidence in the initiative's potential impact on the region.