(3 years, 9 months ago)
Lords ChamberMy Lords, there is a national skills and productivity board, which matches the local panels, and it will bring together leading experts to ensure that we know the emerging skills that we need. We know that at the moment a number of vacancies are due to skill shortages. We are particularly keen on investing in our ports and have invested £160 million in a fund to that end, because we know that at the moment we are the world’s leading market in offshore wind and we need to seize those opportunities, as the possibility of £2.6 billion of exports is ours to grab if we invest in the skills.
With the supply of mains electricity increasingly sourced from renewable sources, for millions of homes the main carbon reduction challenge is the replacement of gas-fired central heating. How many jobs do the Government estimate will be needed for this transformation, and what is the timescale of training and retraining currently being planned to meet that demand?
Indeed, the noble Lord is correct that transforming the energy in our homes is one of the key targets, and we have announced that by 2030 we want 40 gigawatts of offshore wind to power our homes. There is also a £2 billion Green Homes grant, which will pay up to two-thirds of the cost of the labour required to make changes to the energy efficiency of homes. If you are on a low income, the grant is 100% up to £10,000. So we are serious about funding the changes needed in our homes.