Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 13
13
Paragraph: 66
Provide policy certainty for ports to de-risk investment in floating offshore wind infrastructure.
Recommendation
Floating offshore wind offers the potential to expand and diversify the UK’s portfolio of wind projects, including to the Celtic Sea. Significant new investment in UK ports will be needed to enable floating offshore wind to be deployed at scale and to harness local supply chains and manufacturing. The Government’s Floating Offshore Wind Manufacturing Investment Scheme, though welcome, may not address the key concern of port operators — long term market revenue certainty. To provide ports with the confidence to make long-term investments in the necessary infrastructure for floating offshore wind, the Government should provide policy certainty that de-risks the required investment in ports.
Paragraph Reference:
66
Government Response
A response document is linked to this report, dated 14 July 2023. Response attribution to this recommendation has not been verified. Read the response document ↗