UK Markets close in 4 hrs 49 mins
  • FTSE 100

    7,140.29
    +11.08 (+0.16%)
     
  • FTSE 250

    22,774.35
    +89.51 (+0.39%)
     
  • AIM

    1,191.08
    +2.34 (+0.20%)
     
  • GBP/EUR

    1.1737
    -0.0029 (-0.25%)
     
  • GBP/USD

    1.3273
    -0.0029 (-0.2164%)
     
  • BTC-GBP

    42,895.02
    +182.84 (+0.43%)
     
  • CMC Crypto 200

    1,457.03
    +18.15 (+1.26%)
     
  • S&P 500

    4,577.10
    +64.06 (+1.42%)
     
  • DOW

    34,639.79
    +617.75 (+1.82%)
     
  • CRUDE OIL

    67.95
    +1.45 (+2.18%)
     
  • GOLD FUTURES

    1,772.20
    +9.50 (+0.54%)
     
  • NIKKEI 225

    28,029.57
    +276.20 (+1.00%)
     
  • HANG SENG

    23,766.69
    -22.24 (-0.09%)
     
  • DAX

    15,255.03
    -8.08 (-0.05%)
     
  • CAC 40

    6,785.63
    -10.12 (-0.15%)
     
Markets:

European stock markets push higher as Omicron strain concerns ease

Another 40,000 engineers needed to feed heat pump push, says Centrica boss

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

The UK needs another 40,000 heating engineers to help decarbonise the country’s homes and install enough heat pumps, the boss of Centrica has said.

Chris O’Shea said the company, which owns British Gas, is hiring the equivalent of one new apprentice every day this decade as it tries to retrofit millions of homes across the country.

“We do have a real shortage,” he told an event on the side of the Cop26 conference in Glasgow.

The staff Centrica has are willing to take on many of the roles that need to be filled, but just need to be trained, the chief executive said.

He added that the cost of heat pumps would come down as with other green technologies in recent decades.

However he cautioned against assuming that prices will fall just because the UK was starting to install more of them.

He said France has been using heat pumps for years, but prices are still high.

“Heat pumps are expensive but they are a critical part of what we need to do,” he said.

Centrica is aiming to install up to 20,000 heat pumps every year by the middle of the decade.

The Government has backed heat pumps as a way to make sure households are heated in a more environmentally friendly way.

Heat pumps work like a reverse air conditioner, by moving heat from outside a home to inside. They run on electricity, so if they are supplied with renewable electricity they can be very green.

Despite Government backing, heat pumps should not be installed at the taxpayer’s expense, Mr O’Shea said.

“We have to avoid putting the burden on the Government.”

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting