Business Statement16 Mar 2023 18:38
I do not normally read the Business Statement in Hansard or watch it live. Today was an exception and i read it. This exchange may be of interest.
Selaine Saxby
(North Devon) (Con)
While there has been much good news for business this week, I am gravely concerned about the unavailability in the current leasing round of the proposed strike price for floating offshore wind in the Celtic sea to international developers who have, up to this point, shown serious interest in developing the sector in the UK and bringing green jobs to our coastal communities. Given the importance of renewable energy—as detailed by the Chancellor only yesterday—can my right hon. Friend advise me on the best way to ensure that the leasing round does not fail, and we do not see this international investment literally float off overseas?
Penny Mordaunt
My hon. Friend has done a huge amount to champion the Celtic sea, and, indeed, established the all-party parliamentary group for the Celtic sea. The Government estimate that our ambition of 50 GW of offshore wind, outlined in the British energy security strategy—including 5 GW of innovative floating offshore wind—could support 90,000 direct and indirect jobs by 2030. That is incredibly important. The Crown Estate will launch its 4 GW Celtic sea leasing round later this year, and within that, developers will be expected to outline their approach to supply chains. I will ensure that the Chancellor and the Secretary of State have heard what my hon. Friend has said today, and that the spotlight is kept on the Celtic sea.