Developers selected for Celtic Sea floating wind
The Crown Estate has awarded leases to Equinor and Gwynt Glas – a joint venture between EDF Renewables UK and ESB – to develop multiple gigawatts of floating wind in the Celtic Sea.
The two entities will each be responsible for 1.5GW of floating windfarm development, with a third 1.5GW license still to be assigned. Both successful bidders in the Crown Estate’s Round 5, known as the Celtic Sea round, will pay £350 per MW annually in option fees for the leases.
FLOW (floating offshore wind) enables turbines to be located in deeper waters than fixed-base windfarms, unlocking new areas of seabed for the generation of renewable energy. The announcement marks a key step for the emerging FLOW industry in the Celtic Sea, with the Crown Estate identifying the potential for a further 4-10 gigawatts to be brought to market by the end of the decade. It comes on the back of the news that the Crown Estate would be investing £400m to boost ports and onshore infrastructure to support the offshore wind sector.
“The selection of EDF Renewables UK, ESB and Equinor to write the next chapter of this story in the Celtic Sea is an exciting reflection of how far we’ve come in that time, and a vote of confidence in this new technology and the long-term future of the UK market as a place to invest,” said Dan Labbad, chief executive of the Crown Estate
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"an 80cm mast" Really? I'm short but that's only half my height! Do they mean 800cm?