wants to tap into green technologies. He also mentioned finding £1bn
for carbon capture and storage and £200m for low carbon technology
and announced £60m to help with infrastructure for offshore wind
infrastructure. The goal, it appears, is to create 70,000 jobs, which is fine
and may be part of the much-discussed plan for the private sector to
create the jobs to cover for those being lost in the public sector.
“We need thousands of offshore turbines in the next decade and
beyond, each one as tall as the Gherkin,” he said.
“And manufacturing these needs large factories which have to be on
“Yet neither the factories nor these large port sites currently exist
and that, understandably, is putting off private investors.
“So we’re stepping in. To help secure private sector investment in
this technology, we are providing up to £60 million to meet the needs of
offshore wind infrastructure at our ports.”
The Crown Estate would also work with ports and manufacturers to
“realise the potential” of its sites.
I like the intention but it still all sounds pretty aspirational and ‘conference-speak’,
and I’m just not sure yet that it’s going to be quite so easy to link the
theory behind the potential of ‘green technologies’ with the practical creation
of tens of thousands of jobs. It’ll be interesting to see what progress has actually been made on this in a year’s time.