The Crown Estate has announced that it is commencing work to design and deliver a new leasing opportunity for early commercial-scale floating wind projects in the Celtic Sea.
The leasing process will focus on projects of circa 300MW in scale – up to 3 times larger than any rights previously awarded to floating wind in the UK – demonstrating a new frontier for the sector and an important step towards the Government’s ambition to deliver 1 GW of floating wind by 2030.
The news follows The Crown Estate’s invitation to the market, in December 2020, to come forward with views on how best to accelerate the development of floating wind in the UK, including welcoming feedback on the potential scale and location of future rights and the best route to help build the related supply chain.
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