Source · Select Committees · Welsh Affairs Committee
Recommendation 10
10
Acknowledged
Paragraph: 48
Developing regional port infrastructure for the manufacture and assembly of floating offshore wind components will...
Conclusion
Developing regional port infrastructure for the manufacture and assembly of floating offshore wind components will require significant investment but will be necessary for local supply chains and jobs. The full economic benefits of floating offshore wind should go to the region and not be lost overseas. To ensure this happens the highest level of ambition should be set for regional ports to deliver all the necessary manufacturing and assembly functions of floating offshore wind.
Government Response Summary
The government states the Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) opened for applications on 30th March 2023 and any funding awards will be based on a project’s ability to demonstrate value for money and their ability to meet the strategic objectives of the scheme.
Paragraph Reference:
48
Government Response
Acknowledged
HM Government
Acknowledged
The Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) opened for applications on 30th March 2023. FLOWMIS is a competitive process and the balance of funding across different parts of the UK will depend on the applications that we receive. Any funding awards will be based on a project’s ability to demonstrate value for money and their ability to meet the strategic objectives of the scheme.