Crown Estate: Devolution

Wales – in the House of Commons at on 12 March 2025.

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Photo of Jo Stevens Jo Stevens The Secretary of State for Wales

I recently met the Deputy First Minister to discuss a wide range of issues, including the Crown Estate. The UK and Welsh Governments are focused on taking maximum advantage of the opportunities that floating offshore wind in the Celtic sea presents for Wales, which could create over 5,000 jobs and £1.4 billion of investment to the UK economy in the coming years.

Photo of Stephen Gethins Stephen Gethins Scottish National Party, Arbroath and Broughty Ferry

In the 2011 Scottish National party manifesto, we committed to have the equivalent of 100% of Scotland’s electricity generated from renewables. The SNP met that target and then some, thanks to the devolution of the Crown Estate and to working with industry. It is now delivering jobs and clean, green energy to Scotland and throughout the UK. Why should Wales not have the same opportunity?

Photo of Jo Stevens Jo Stevens The Secretary of State for Wales

I will not take any lectures on the Crown Estate from the hon. Member, whose party’s mismanagement of the Scottish seabed resulted in Scottish assets being sold off on the cheap. We are focused on doing whatever it takes to secure more than 5,000 jobs in Wales and the billions of pounds of investment that the Crown Estate can unlock for Wales.

Photo of Tonia Antoniazzi Tonia Antoniazzi Chair, Northern Ireland Affairs Committee, Chair, Northern Ireland Affairs Committee

Does the Secretary of State agree that the Government’s priorities should be ensuring that the Crown Estate can unlock thousands of new well-paid jobs in Wales that will come with floating offshore wind, rather than being distracted by calls to devolve the organisation in the middle of this national mission, which would risk the investment, jobs and lower energy bills that Wales desperately needs?

Photo of Jo Stevens Jo Stevens The Secretary of State for Wales

My hon. Friend is absolutely right. Like her, I want people in Wales to benefit from those 5,300 new jobs, particularly young people, so that they do not have to leave Wales, where they have grown up, to earn or learn. I want that £1.4 billion boost to the economy. We are not prepared to put all that at risk of market fragmentation, undermining or potentially destroying developer confidence in FLOW, and have to watch that investment go elsewhere in the world.