Thursday, September 19, 2024

Crown sets a new chapter for the UK’s world-leading offshore wind industry

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New generation of floating wind farms
moves a step closer as the next phase of Celtic Sea leasing round gets
underway. The potential to see new floating turbines generating enough
renewable energy to power more than 4 million homes (up to 4.5 gigawatts).

Round 5 has also become the first leasing
round to be brought to market with an agreed plan for connecting the new
windfarms to the UK’s electricity grid, with the Electricity Systems Operator
(ESO)  published its Celtic Sea network design recommendation.

The second phase of the leasing process,
which got underway on 8th August 2024, will see Bidders set out plans for
delivering the new wind farms. Research published in February this year
by The Crown Estate showed that the supply chain for new Celtic Sea floating
wind farms could create more than 5,000 new jobs and deliver a £1.4 billion
boost to the economy.

Furthermore, the Electricity Systems
Operator (ESO) has published its Celtic Sea network design recommendation
meaning that, for the first time, developers are able to move through the
leasing round with an understanding of how their new windfarms will be
connected to the grid. It is hoped this model will act as a template for
future leasing rounds, helping further accelerate the deployment of offshore
wind.  

‘Already, The Crown Estate has formed
an exciting new partnership with Great British Energy, and this latest
leasing round offers even more opportunities to deliver these projects.’
 Said Energy Security and Net Zero Secretary Ed Miliband. ‘This, combined
with over £1.5 billion we’re offering through the next Contracts for Difference
auction, will give developers the confidence to deliver .’

This latest milestone follows the conclusion
of the initial Pre-Qualification Questionnaire (PQQ) in June 2024. The
response from offshore wind developers to this stage demonstrated a clear
interest in Round 5, with The Crown Estate able to move forward with a
strong pool of Prequalified Bidders, all of whom have demonstrated their
suitability to proceed.  

‘There are huge opportunities to be
seized all along Wales’ coast and, working in partnership with Great British
Energy, we are pleased that The Crown Estate will be able to take a more
active role on social value and local supply chains to help deliver something
truly transformative,’ First Minister of Wales Eluned Morgan added.

For more information about offshore wind
farm projects across the globe,
click
here
.

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