Offshore Wind Contracts

Hywel Williams Excerpts

Tuesday 12th September 2023 Commons Chamber

[Hywel Williams (Arfon) (PC)]

I saw in the newspapers yesterday that astronomers have discovered a water-covered planet in a far away galaxy. I have to disappoint these excited scientists that, from his answers today, the Minister appears to have got there before them. [Interruption.] On another planet, yes.

Seriously though, this setback to the Erebus project in south-west Wales is deeply disappointing. It was the first of its kind in Wales and was supposed to pave the way to a developing industry. I hope the Minister can reassure me that he is taking steps to make sure that, in AR6, projects such as Erebus are enabled to compete successfully and to lead the way for this industry in Wales.

[Graham Stuart]

I thank the hon. Gentleman, not least for his attempt at a gag. I can tell him that what he says is the whole basis of the system—that it learns from each round. The most real economic data that we get is from an auction round. Moving to annual rounds, there will be ebb and flow as the right balance is sought between getting the generation that we require, set against our extremely ambitious deadlines, and not paying too much. That is the balance that we strike. We have 3.7 GW and I imagine that we will do even better next time.