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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made an assessment of the potential merits of introducing a 2040 target for floating wind deployment.

A Government priority is the growth of offshore wind to 2030 and beyond. The Government is committed to supporting the development of floating offshore wind, as reflected in our ambitious target of 1GW of floating wind by 2030.

Floating offshore wind projects will be eligible to bid in the next Contract for Difference allocation round, which will open in December 2021. The Government recently announced a minimum allocation for floating offshore wind in this round. This approach will provide the foundation for investment in a sustainable, competitive UK based supply chain.