The UK’s Crown Estate has unveiled the bidding guidelines for the country’s fifth auction (Round 5), which will involve large-scale floating offshore wind for the first time. The new leasing round involves three commercial-scale floating wind projects, located off the coast of southern Wales and south-western England, which will have a combined capacity of up to 4.5 GW and will have the potential to deliver renewable energy for more than 4 million households.
The Crown Estate has also published an Information Memorandum that includes details of a series of contractual commitments for developers to create positive social and environmental impacts, focused on skills and training, tackling inequalities in employment, environmental benefits and working with local communities.
The UK plans to reach 50 GW of offshore wind capacity by 2030 (13.8 GW as of end-2022), including 5 GW of floating wind.
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