Source · Select Committees · Welsh Affairs Committee
Recommendation 11
11
Acknowledged
Paragraph: 52
FLOWMIS will be critical for unlocking private sector investment in Welsh ports and making them...
Conclusion
FLOWMIS will be critical for unlocking private sector investment in Welsh ports and making them ready for floating offshore wind. Investors require certainty on the UK Government’s commitment to this funding.
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:
52
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.