Diolch, Llywydd. Of course, our Welsh resources play a crucial role in supporting Welsh jobs. For example, RWE, which operates around 3 GW of energy generation in Wales across 12 sites, has a diverse portfolio of onshore and offshore wind, hydro and gas, and directly employs around 200 people at their offices in Baglan, Llanidloes, Dolgarrog and the port of Mostyn. In fact, the Welsh Conservatives want to build on the benefits of making Wales net zero by creating 15,000 new green jobs.

Now, we believe that the Crown Estate plays a major and key role here in Wales, such as management of around 65 per cent of the Welsh foreshore and riverbed, and this includes a number of ports, such as Milford Haven, ownership of over 50,000 acres of Welsh uplands and common land, and they're responsible for around 250,000 acres of mineral-only interests and manage the rights to deposits of gold and silver.

Now, as the Secretary of State for Wales has stated last month—and I agree with him—'If it ain't broke, don't fix it.' So, I would be grateful if, today, Plaid Cymru could actually provide any meaningful evidence that the Crown Estate is not operating effectively.

Now, I have done my research on this, and highlights that I've taken are this: for example, during 2021, thanks to the Crown Estate, the cumulative operational capacity in the offshore wind sector increased to 9.61 GW. The outcome of round 4 provided the potential for up to 8 GW of capacity. The valuation of the marine portfolio increased significantly—[Interruption.]—you'll have your turn in a minute, Minister—from £49.2 million to £549.1 million. A milestone moment was achieved for the Welsh offshore wind sector, through the signing of an agreement for lease for the proposed 96 MW Erebus floating wind demonstration project.