GB Energy was one of the top early priorities for the new occupants of Downing Street to show they were hitting the ground running. The legislative process is getting under way less than a month on from the election. There's now more clarity on what the plan is meant to achieve.
But questions still remain. One of immediate interest to Aberdonians is whether Europe's capital of oil and gas will get the headquarters. That's promised to somewhere in Scotland, but we don't know where.
Aberdeen has a historic claim to be the UK's energy centre. But is it the future? Possibly not, if the main role of an HQ is to recruit financiers with experience of doing big deals between the public and private sector on infrastructure projects. Edinburgh might look more attractive for both its recruitment pool, and for its ability to attract financial talent from outside Scotland.
Second, Aberdeen did not elect any Labour MPs earlier this month. Its political and business representatives are lobbying hard to win the HQ, and Inverness also wants to be considered, but they don't have local champions on government green benches. The headquarters would be a prestige presence, but will it be that big? The Green Investment Bank was set up in Edinburgh in 2012 to do something similar in funding green energy investments with government funds allied to debt finance.
It had a modest HQ, before being sold only five years later. The HQ does not mean supply chain and manufacturing jobs. Without an agreement w.