Floating Offshore Wind Manufacturing Investment Scheme

• We have now launched the Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS), which will provide up to £160 million to kick start investment in port infrastructure projects needed to deliver our floating offshore wind ambitions.

• We are committed to placing the UK at the forefront of the development of the sector, underlined by the announcement in the British Energy Security Strategy of our ambition to deploy up to 5 GW of floating offshore wind by 2030 – more than 60 times current installed capacity.

• To achieve this ambition, we are supporting the investment needed in port infrastructure to deploy the large-scale components of floating offshore wind turbines.