Energy Security

I hear what the right hon. Gentleman is saying about offshore wind, which is clearly an important way forward. However, the deep offshore wind and marine renewables sector has expressed concern about changes in energy legislation and I have corresponded with the Minister for Energy on this matter. Although there are grants under the present system, I understand that they are repaid by future profit, but under the new scheme a choice will have to be made between the double-banded renewables obligation certificates or these grants, and I am told that that will result in the sector being unable to get investment for many of these projects. Will the Secretary of State look at that again, because deep offshore wind and marine renewables are an important part of the renewables future, and unless we get this right, it could have a serious impact on our ability to meet the targets?