Plans to create a number of floating wind farms in the Celtic Sea are being examined through a collaboration between organisations in Wales, Ireland and the South of England.
An agreement signed by the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP), Marine Energy Wales and Marine Renewables Industry Association Ireland will see the groups work together to look at the floating wind potential.
Plans for the new Celtic Sea Alliance were announced in Dublin by the Welsh minister for Environment, Energy and Rural Affairs, Lesley Griffiths today.
She said: “We know that floating offshore wind as a technology has long-term potential for delivering multi-GW scale deployment in the future.
“I am pleased Wales is taking part in this alliance so we can explore the economic opportunities of this technology and maximise the collaborative opportunities in the area of the Celtic Sea.”
The alliance will look to form a Celtic Sea Offshore Wind industrial cluster.
It will aim to build 1 gigawatt (GW) of floating wind before 2030, which would hope to attract around £2 billion worth of regional investment and generate jobs.
“The project will acknowledge the significant opportunities floating offshore wind can bring to these regions in terms of low carbon energy, jobs and associated socio-economic impacts.
Richard Bruton, Irish minister of Communications, Climate Action and Environment, added: “Ireland’s Climate Action Plan puts in place a decarbonisation pathway to 2030, putting us on a trajectory to net zero emissions by 2050.”