Equinor, EDF-ESB Joint Venture Secure 1.5 GW Sites In UK Floating Wind Leasing Round
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
The Crown Estate has selected Equinor and Gwynt Glas, a joint venture between EDF Renewables UK and ESB, as preferred bidders in the seabed leasing round for floating wind projects in the Celtic Sea.
These two paragraphs give more details.
Selected on 12 June, each of the two developers was awarded 1.5 GW of capacity in their respective project development area (PDA) for an annual option fee of GBP 350/MW (approximately EUR 410/MW).
The Crown Estate launched the floating wind leasing round (Offshore Wind Leasing Round 5) in February 2024, offering three areas off the coasts of Wales and South West England for a total of up to 4.5 GW of installed capacity.
Note.
- It looks like the Crown Estate are working to get a contract for the third site.
- The ports of Bristol and Port Talbot could be handling the assembly of the floating turbines.
- The Crown Estate has also established a new strategic approach with the National Energy System Operator (NESO).
Given the problems some wind and solar farms have had to get connected, the Crown Estate’s link up with NESO could be attractive to developers?
Conclusion
This looks a good bit of business by the Crown Estate in the Celtic Sea.
Did they get NESO to be helpful, by asking senior people for tea with Charles and Camilla at Highgrove?