The areas were selected following technical analysis and discussions between the Crown Estate and the UK and Welsh governments. They will be offered to the market via competitive tender, a process to be launched in mid-2023.

It is intended that the facilities could deliver around 4GW of floating offshore wind power by 2035 and could kick-start the fledgling industry.

The UK is one of the world leaders in offshore wind power and harnessing that energy is considered to be a key component in meeting global net-zero carbon emissions targets by 2050.

The Crown Estate will also be tendering larger, 1GW-scale projects which may be developed in a phased or ‘stepping stone’ approach. Research commissioned by the body indicates that the Celtic Sea has the economic potential to accommodate up to an additional 20GW of floating offshore wind capacity by 2045.

The leasing round will also give developers the option to incorporate newer innovations such as green hydrogen...

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