LONDON, June 19 (Reuters) - Equnior and Gwynt
Glas, a joint venture between EDF Renewables UK and ESB, have
won seabed leases to build floating wind farms in the Celtic Sea
off the coast of Wales and South West England, The Crown Estate
said on Thursday.
Britain is aiming to largely decarbonise its electricity
sector by 2030 to reduce its reliance on fossil fuels and drive
down cost and is seeking to increase offshore wind capacity to
43-50 gigawatts (GW) by the end of the decade, from around 16 GW
at present.
"Floating offshore wind will be transformative for economic
growth in Wales and the South West, unlocking thousands of jobs
in places like Port Talbot and Bristol, bolstering our energy
security and delivering industrial renewal," Britain's Energy
Secretary Ed Miliband said in the Crown Estate press release.
The Crown Estate, which acts as manager of the seabed around
England, Wales and Northern Ireland, said Equnior and Gwynt Glas
had both won leases giving them the rights each to build 1.5
gigawatt (GW) floating wind projects in its latest seabed
leasing round.
The companies will pay 350 pounds ($468.55) per megawatt per
year for the leases, the Crown Estate said, meaning both groups
will pay 525,000 pounds per year for the sites excluding VAT.
Floating wind projects can be installed in deeper waters
than fixed-bottom foundations, harnessing stronger and more
continuous wind to generate more power.
The Crown Estate is an independently run, commercial
business, whose profits go to the Treasury but its profits are
also used as the benchmark for the level of public funding for
the Royal Family.
($1 = 0.7470 pounds)