• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Development of Floating Wind Farms in the Celtic Sea Expected to Boost Economy and Create Jobs

Development of Floating Wind Farms in the Celtic Sea Expected to Boost Economy and Create Jobs

02/26/2024
EU and UK Agreement Set to Boost Trade and Ease Tariff Burdens Across the Supply Chain

EU and UK Agreement Set to Boost Trade and Ease Tariff Burdens Across the Supply Chain

06/05/2025
UK Rail Freight Expansion Strengthens Supply Chain Resilience and Lowers Tariff-Linked Costs

UK Rail Freight Expansion Strengthens Supply Chain Resilience and Lowers Tariff-Linked Costs

06/05/2025
London’s EV Congestion Charge Review Signals Policy Shift with Trade and Tariff Implications

London’s EV Congestion Charge Review Signals Policy Shift with Trade and Tariff Implications

06/05/2025
Global Air Cargo Alliance Led by Carriers from Qatar, UK, and Malaysia to Boost Trade Connectivity and Tariff Efficiency

Global Air Cargo Alliance Led by Carriers from Qatar, UK, and Malaysia to Boost Trade Connectivity and Tariff Efficiency

06/05/2025
Germany’s Hamburg Port Expands Shore Power to Cut Emissions and Prepare for Future Tariffs

Germany’s Hamburg Port Expands Shore Power to Cut Emissions and Prepare for Future Tariffs

06/05/2025
UK Temporarily Exempted from U.S. Metal Tariff Increase

UK Temporarily Exempted from U.S. Metal Tariff Increase

06/04/2025
Trump Pushes Tariff Hikes Amid Legal Obstacles

Trump Pushes Tariff Hikes Amid Legal Obstacles

06/04/2025
U.S. trade deal efforts challenged by tight deadlines and tariff issues.

U.S. trade deal efforts challenged by tight deadlines and tariff issues.

06/04/2025
OECD Cuts U.S. Growth Forecast Over Rising Trade Costs

OECD Cuts U.S. Growth Forecast Over Rising Trade Costs

06/04/2025
U.S. Steel and Aluminium Tariffs Raised to 50%

U.S. Steel and Aluminium Tariffs Raised to 50%

06/04/2025
Tariff Hikes on Steel and Aluminum to Raise Consumer Prices

Tariff Hikes on Steel and Aluminum to Raise Consumer Prices

06/03/2025
U.S. Tariffs Add Pressure to China and EU Trade Talks

U.S. Tariffs Add Pressure to China and EU Trade Talks

06/03/2025
supplychainreport
Saturday, June 7, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Development of Floating Wind Farms in the Celtic Sea Expected to Boost Economy and Create Jobs

by Zyrene D.
02/26/2024
in Global Trade

The Crown Estate has announced plans for the development of floating wind farms in the Celtic Sea, an initiative expected to create up to 5,300 jobs and generate an economic boost of approximately £1.4 billion. Dubbed “The Celtic Sea Blueprint,” this project aims to establish three new wind farms off the coasts of South Wales and South West England, signifying a significant advancement in renewable energy efforts.

In a report prepared by Lumen Energy & Environment, the initiative’s infrastructure and supply chain needs were analyzed, pinpointing essential elements such as ports equipped to accommodate large turbines, vessels for site maintenance, and export cables for electricity transmission to the mainland.

YOU MAY ALSO LIKE

EU and UK Agreement Set to Boost Trade and Ease Tariff Burdens Across the Supply Chain

UK Rail Freight Expansion Strengthens Supply Chain Resilience and Lowers Tariff-Linked Costs

These wind farms are projected to produce up to 4.5GW of electricity, sufficient to power over four million homes. This capacity places the projects among the most ambitious in the offshore wind sector outside of Scotland, marking a critical development in the renewable energy scene in England and Wales.

The regions of South West England and Wales, with their rich maritime history, are identified as potential key players in this renewable energy venture. The initiative is expected to open up a wide range of opportunities, including the assembly of floating platforms and the utilization of local skills in welding and concrete work. Moreover, regional ports are anticipated to benefit from increased construction and maintenance activities, thus supporting local economies.

Gus Jaspert, Marine MD at The Crown Estate, expressed enthusiasm for the project, noting its potential to significantly impact various sectors, including manufacturing and port development. RenewableUK’s Chief Executive, Dan McGrail, and Jess Hooper, director for RenewableUK Cymru, both highlighted the project’s capacity for industrial growth and the importance of investing in local manufacturing and infrastructure to support the initiative.

The Crown Estate has committed to facilitating this development with a £10 million fund designated for early-stage projects, reflecting a dedication to innovation and environmental responsibility. This includes comprehensive environmental assessments and spatial planning to ensure sustainable development.

As preparations for the formal tender process get underway, the floating wind farms in the Celtic Sea are poised to herald a new chapter in economic prosperity and environmental sustainability, symbolizing a significant step forward in the UK’s renewable energy ambitions.

Discover supply chain news insights on The Supply Chain Report. Enhance your international trade knowledge at ADAMftd.com with free tools.

#CelticSeaWindNews #RenewableEnergyNewsUK #GreenJobsNews #EcoBoostNews #FloatingWindFarmsNews

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.