Offshore Wind Leasing Round 5 seeks to establish a new floating wind sector in the Celtic Sea off the coasts of South Wales and South West England. It is expected to be the first phase of commercial development in the Celtic Sea, bringing an exciting opportunity to create up to 4.5GW of new renewable energy capacity, while acting as a springboard for new social, economic and environmental opportunities. In its Autumn Statement in November 2023, the UK Government confirmed its intention to unlock space for a further 12GW of capacity in the Celtic Sea.
