Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment his Department has made of the potential economic merits of setting a target for floating wind for 2040.

The Government has set an ambitious target of 1GW of floating offshore wind by 2030, as part of the wider 40GW by 2030 offshore wind target. This will stimulate development in projects and investment in the supply chain. In addition to our existing floating wind projects, Hywind Scotland and Kincardine, there are also a number of floating wind projects already in early development.