Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what estimate her Department has made of the potential GDP value to the economy of reaching the 50GW offshore wind capacity target.

The Department has not estimated the potential GDP value to the economy of reaching the 50GW ambition. The Offshore Wind Industry Council estimates in their Skills Intelligence Report, published June 2023, that with our world leading 50GW ambition, the offshore wind sector is expected to grow to support over 100,000 jobs by 2030. This will require over £50 billion in construction capital expenditure.