13
Deferred
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.
Government Response Summary
The government's response addresses plans to publish a nuclear roadmap and consult on a nuclear siting strategy later this year. This completely deflects from the recommendation to provide policy certainty to de-risk port investments for floating offshore wind infrastructure.
Paragraph Reference
66
Government Response
Deferred
Government Response
Deferred
HM Government
Deferred
43. A roadmap will be published later this year, following the establishment of GBN. In addition, the Government is developing a new National Policy Statement for nuclear energy and, as a first step, intends to consult on a siting strategy later this year.
Source
Committee
Business and Trade Committee
Report
Eleventh Report - Decarbonisation of the power sector
28 Apr 2023
HC 283
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age
3.1 yrs
Report published
28 Apr 2023