The Crown Estate seals landmark agreements for offshore wind

24 January 2023

In what is described as ‘a major milestone for the UK’s energy security and net zero commitments’, The Crown Estate (which manages all of the UK’s offshore waters) has signed Agreements for the Lease for six offshore wind projects which could begin to generate green electricity by the end of the decade and have the potential to generate 8GW of renewable electricity.

Three of the six projects are located off the North Wales, Cumbria and Lancashire coast, and three are located in the North Sea off the Yorkshire and Lincolnshire coast.

Following The Crown Estate’s final decision to proceed in August 2022, the agreements are the culmination of The Crown Estate’s Offshore Wind Leasing Round 4. This Round follows three previous leasing rounds by The Crown Estate which, along with investment in cutting-edge data and evidence and a commitment to increasing collaboration across sectors, has paved the way for the development of a world-class offshore wind market in the UK, with The Crown Estate having now awarded rights totalling 41GW, almost 12GW of which is already operational.

Image courtesy of The Crown Estate

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