World Energy Outlook 2020

Lord Teverson Excerpts

Tuesday 20th October 2020 Lords Chamber

[Lord Callanan (Con)]

Well, the Government’s policies towards clean energy investment have been a resounding success. We are seeing record levels of deployment and the costs of clean energy are falling dramatically—we will see that during the next contracts for difference round next year—but, of course, we keep all these things under review.

[Lord Teverson (LD) [V]]

My Lords, a strong theme in this report in relation to Covid and energy is that, to quote from the report:

“The worst effects … are felt among the most vulnerable.”


In the UK context, how will the Government protect our vulnerable people as we transition to a clean energy economy?

[Lord Callanan (Con)]

The noble Lord makes a good point. We are investing record sums in helping vulnerable consumers. He will be aware of the new green homes grant that will provide grants of £5,000, and indeed £10,000 for those on low incomes, to help them insulate their home and make it more energy efficient and, more importantly, get their bills down.