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A boat sailing towards wind turbines.

Case study

Green electricity for 7 million homes

In January 2023 we signed leasing agreements for offshore wind projects that have the potential to power more than seven million homes, a significant milestone in the nation’s energy security and decarbonisation.

Offshore Wind Leasing Round 4 will lead to the creation of new offshore wind farms off the North Wales, Cumbria and Lancashire coasts, and in the North Sea off the Yorkshire and Lincolnshire coasts (see map above), with the potential to generate around 8GW in capacity. Our investment in cutting-edge data and evidence, as well as a commitment to increasing collaboration across sectors, has paved the way for the development of a world-class offshore wind market in the UK. We have awarded rights totalling 41GW and established one of the most attractive places globally to invest in the industry.

A map of Round 4 leasing sites around England and Wales.

With Round 4 Agreements for Lease signed, developers can now progress their plans which have the potential to make a major contribution to delivering sustainable energy for the UK and the government’s target of 50GW of offshore wind capacity by 2030.

“We’re at the forefront of the offshore wind industry. Our remarkable progress to date speaks to the immense collaboration, investment and innovation across so many partners – and their willingness to embrace risk and uncertainty. Together, we must all work for the future of the seabed, one where biodiversity and sustainable development go hand in hand.”

Olivia Thomas Head of Marine Planning

Our strategy in action

We make the most of our unique attributes and diverse national portfolio to generate wide and lasting value.