Question to the Wales Office:

To ask the Secretary of State for Wales, what assessment she has made of the potential impact of the Celtic Sea Floating Offshore Wind Leasing Round 5 on economic regeneration in Neath Port Talbot.

The UK Government recognises the major opportunities floating offshore wind presents for Wales and I am determined to ensure that we take full advantage of them.

Gwynt Glas (a joint venture between EDF Renewables and ESB) and Equinor have now entered into Agreements for Lease with The Crown Estate to develop two 1.5GW Floating Offshore Wind farms in the Celtic Sea through the Leasing Round 5 process, in addition to the five floating wind Test and Demonstration projects (totalling 432MW of capacity) already in development in the region. The Crown Estate has confirmed that work is underway on options to deliver a third 1.5GW lease area.

These new windfarms will be among the largest of their kind in the world and have the capacity to deliver enough power for more than four million homes. It is estimated this new industry will support over 5,000 new jobs and deliver a £1.4 billion-pound boost to the UK economy, it will also help deliver transformational change to places like Port Talbot. As part of the Comprehensive Spending Review, the UK Government has reconfirmed up to £80 million for port infrastructure investment in Port Talbot to supporting floating offshore wind and green growth in Wales.