M

Member

Speaking in the House of Lords on 17 December 2024

Debate

Great British Energy Bill

Contribution

Meaningful public engagement will, we hope, increase community support for and involvement in the clean energy transition. The noble Baroness, Lady Boycott, also raised the issue of energy efficiency and warm home plans. She will know that we had a lot of stop- start settlements in previous Administrations. Therefore, we have provided an exceptional initial three-year settlement for home upgrades that demonstrates our intention to deliver the warm home plans as effectively as possible. We have committed an initial £3.4 billion over the next three years towards heat decarbonisation and household energy efficiency, with £1 billion to be spent next year. In addition, we have £3.4 billion of direct capital spend, and we are hoping to ensure continued further investment of up to £1.4 billion during the supplier obligation schemes. We do not think that this should be the focus of Great British Energy, but I assure the noble Baroness that we entirely understand the point she makes.

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