There is a significant opportunity in the UK nuclear sector for development of both the supply chain and skills capacity – it is estimated that an extra 30,000 people will be needed by 2021 to service the planned civil new nuclear build projects. Government is helping industry to realise these opportunities through initiatives such as the government-funded Nuclear Advanced Manufacturing Research Centre (NAMRC) and the Manufacturing Advisory Service (MAS), which have been established to support UK companies in accessing the market, winning business and growing capability.
In addition to nuclear, the Department is supporting a range of technologies in the renewables sector to develop further the UK’s low carbon economy and create a balanced and secure energy mix for the future. This is done by encouraging investment and working closely with industry to build a UK supply chain; we are world-leaders in offshore wind, with an industry that has attracted £9.5bn investment since 2010 and supports over 13,700 jobs. The renewable electricity sector supports around 110,000 jobs across the whole of the UK and could see a further £45bn private sector investment by 2020.