Wind Energy – UK Round 5
The Crown Estate has published a concession notice confirming the launch of the Round 5 seabed leasing process for floating offshore wind projects in the Celtic Sea, under which leases for up to 4.5 GW of generation capacity will be awarded.
Celtic Sea Floating Offshore Wind Leasing Round 5 is an exciting opportunity to write a new chapter in the global offshore wind story, sitting in one of the world’s largest and most successful markets, underpinned by the UK’s generations of expertise, and with access to some of the best natural resources.
Over the last 25 years, offshore wind has established itself as the cornerstone of the UK’s move towards a more sustainable future, and is on track to meet the electricity needs of almost half of all UK homes in 2023.
As the deployment of offshore renewable energy accelerates around the world, floating wind farms are expected to play an increasingly significant role in the global energy mix, with the ability to be anchored in deeper waters than familiar fixed-base turbines.
This means that new areas of the seabed can be used for the generation of renewable energy, where wind patterns are stronger and more reliable.
The UK is well-placed to take advantage of this exciting new technology, with generations of expertise and experience in the energy market and – more recently – its leading role in offshore renewables.
