Source · Select Committees · Welsh Affairs Committee
Recommendation 8
8
Paragraph: 42
Given the importance of ensuring local supply chains benefit from floating offshore wind it will...
Conclusion
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.
Paragraph Reference:
42
Government Response
A response document is linked to this report, dated 26 May 2023. Response attribution to this conclusion has not been verified. Read the response document ↗