Select committee: Welsh Affairs Committee
Conclusion 8
Second Report - Floating Offshore Wind in Wales
Published 8 Mar 2023
Paragraph 42
Addressed to Wales Office
Welsh Affairs Committee Floating Offshore Wind in Wales All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
Given the importance of ensuring local supply chains benefit from floating offshore wind it will be essential for supply chain requirements in Contracts for Difference auctions to be enforceable and brought into alignment with The Crown Estate’s leasing rounds. Contracts for Difference auction parameters must also take into account increased costs to developers arising from global economic pressures to remain internationally competitive.
From: Welsh Affairs Committee, Second Report - Floating Offshore Wind in Wales (HC 1182), paragraph 42, 8 March 2023
Government response
The government responded to the whole report on 26 May 2023 (deadline 8 May 2023).