Wind Power: Seas and Oceans
The question
To ask the Secretary of State for Energy Security and Net Zero, with reference to the Written Ministerial Statement of 28 October 2024, HCWS168, on Contracts for Difference (Miscellaneous Amendments) Regulations 2024, what requirements there will be for the floating offshore wind infrastructure to be manufactured in the United Kingdom.
Answered by Michael Shanks
Local content requirements are not permitted within the UK’s international trade agreements, however, the Government does offer incentives to invest in supply chains: the Clean Industry Bonus (CIB) as part of the Contracts for Difference (CfD) scheme will reward fixed and floating offshore wind developers who choose to invest in the UK’s poorest communities, or in cleaner manufacturing facilities. The initial budget for CIBs is £27m per GW of capacity that applies for the bonus in Allocation Round 7. An amount within the CIB budget will be reserved for investments in the floating offshore wind supply chain.
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