Wind Energy – Floating Wind
The Crown Estate set to partner with Equinor and Gwynt Glas – a joint venture between EDF Renewables UK and ESB – to drive the creation of new jobs and economic growth through new floating windfarms off the coasts of Wales and South West England.
The UK has cemented its place at the forefront of the global offshore wind market with some of the world’s most experienced offshore wind developers being selected to deliver two new floating wind farms off the coasts of Wales and South West England.
The news follows a process to award rights to deliver up to 4.5 gigawatts of secure, renewable energy – enough to power more than four million homes. The Crown Estate will ensure the delivery of the full potential capacity through the deployment of a third site.
Work is underway on a range of options to deliver this, and The Crown Estate expects to set out next steps by the end of September 2025.
The new wind farms will be among the largest of their kind in the world, underlining the UK’s position as the leading market for floating offshore wind in Europe and are expected to lead to the creation of thousands of new jobs and more than a billion pounds of investment in the UK economy.
This is expected to be the first phase of a new 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.
