The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 7218 contributions
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
Somebody else.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
So, you would have a list of when the options would expire, but you would also know how much each option will be worth. An option is perhaps a percentage of the full value of the contract to the person who is taking the option, so what is the total value of all the options? For the £750 million that has been generated, what is the total value to the Government, in income, if all the options are developed?
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
I am sure that you checked that. If there was a capital element, it would all have to remain within the Crown Estate, according to the law that is laid down.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
You must therefore be looking at that partly as revenue.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
I am sure that the clerks will have made a note and will write to you.
The next questions will come from Mark Ruskell.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
Sorry, Deputy First Minister, but I struggle with that.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
So, if the Caledonian Maritime Assets Ltd—CMAL—budget has gone down by 31 per cent, or has been “reprofiled”, which is a £30 million loss to its budget, that will have no impact on when the small vessels come into service. It will still happen in the same year. If work does not start this year, it will still happen within the timeframe that you have.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
I think you are being told that that was a nice try, Mr Macpherson. Bob Doris has some questions, then Mark Ruskell wants to follow up, and then there will be questions from Monica Lennon.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
Anything that can be shared with the committee in advance is always helpful. As a result of this session, it can be shared through the clerks.
Monica Lennon has some questions.
Net Zero, Energy and Transport Committee
Meeting date: 23 January 2024
Edward Mountain
I will just make the observation that we should not worry too much about the fixed link from Germany. I think that people in the Highlands would say that they prefer pipes over pylons, so there may be scope there.