Energy Central Professional


Agreements for lease signed for 8 GW of UK offshore wind projects

SeeNews Renewables  


    January 19 (Renewables Now) - The Crown Estate today said it signed Agreements for Lease for the six offshore wind projects with a potential capacity of about 8 GW under its Offshore Wind Leasing Round 4.

    The selection of the projects was announced in 2021. The signing of the agreements follows an assessment of the impact on environmental habitats. The leasing round moved ahead along with a commitment to the development of environmental compensation plans to offset expected impacts on two protected sites.

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

    Project Capacity (MW) Developer
    Dogger Bank South (West) 1,500 RWE Renewables
    Dogger Bank South (East) 1,500 RWE Renewables
    Outer Dowsing 1,500 TotalEnergies and Corio Generation
    Mona 1,500 A consortium of EnBW and BP
    Morecambe 480 Morecambe Offshore Windfarm Ltd, a joint venture between Cobra Instalaciones y Servicios, S.A. (Cobra) and Flotation Energy Ltd.
    Morgan 1,500 A consortium of EnBW and BP

    A map of the projects is available on The Crown Estate website.

    The Agreements for Lease allow the developers to further progress the projects. The schemes can start generating electricity by the end of the decade, contributing to the UK government’s target of 50 GW of offshore wind capacity by 2030.

    Round 4 means The Crown Estate has now awarded rights totalling 41 GW, almost 12 GW of which is in operation. The seabed landlord is also preparing a leasing round in the Celtic Sea for an initial 4GW of floating offshore wind capacity.

    It says it plans to discuss future leasing opportunities with the market later in the year.

    The Agreements for Lease have a term of up to 10 years. Under them, developers pay annual option fees to The Crown Estate, with commitment across the six projects amounting to GBP 1 billion (USD 1.2bn/EUR 1.1bn) per year. The option payments reduce as projects move into a lease.

    (GBP 1.0 = USD 1.238/EUR 1.142)


Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.