Source · Select Committees · Welsh Affairs Committee
Recommendation 14
14
Acknowledged
To provide ports with the confidence to make long-term investments in infrastructure The Crown Estate...
Recommendation
To provide ports with the confidence to make long-term investments in infrastructure The Crown Estate should set further targets for floating offshore wind in the Celtic Sea beyond its initial target of 4GW. Alongside this the UK Government should set out its future funding commitments to ports beyond the allocation of FLOWMIS. (Paragraph 61) Preparing the grid for floating offshore wind
Government Response Summary
The government welcomes the Floating Offshore Wind Taskforce’s recently published “Industry Roadmap 2040” and will continue to work with the sector, through bodies such as the Floating Offshore Wind Task Force and the Offshore Wind Industry Council (OWIC), to understand future port investment requirements and timescales. The Crown Estate intends to provide further detail with regard to future Celtic Sea leasing at its next market update.
Government Response
Acknowledged
HM Government
Acknowledged
We welcome the Floating Offshore Wind Taskforce’s recently published “Industry Roadmap 2040”, which identified the need for up to 11 ports around the UK, supported by £4bn of investment, to enable the roll out of floating offshore wind at scale. The Floating Offshore Wind Manufacturing Investment Scheme is now open to applications, and will support investment in port infrastructure for floating offshore wind deployment until March 2025. The Government will continue to work with the sector, through bodies such as the Floating Offshore Wind Task Force and the Offshore Wind Industry Council (OWIC), to understand future port investment requirements and timescales. We have published the Offshore Wind Net Zero Investment Roadmap articulating the sectoral investment need, and summarising Government policy and funding, to provide investors with the information they need to support investment decisions. Similarly, the Net Zero Growth Plan, outlines how, working alongside industry, the Government will remove barriers to help modernise The Crown Estate’s investment capability to help unlock investment and growth in key sectors, including offshore wind. The Government is also working closely with industry to consider the recommendations of the Offshore Wind Industry Champion, Tim Pick, on the development of sustainable offshore wind supply chains and supporting infrastructure. The Crown Estate intends to provide further detail with regard to future Celtic Sea leasing at its next market update.