A collaboration agreement was inked among the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP), Marine Energy Wales and Marine Renewables Industry Association Ireland on 8 October.
The Alliance seeks to develop floating wind opportunities to the Celtic Sea in terms of low carbon energy, jobs and socio-economic impacts across the regions.
Welsh Minister for Environment, Energy and Rural Affairs, Lesley Griffiths, officially launched the Celtic Sea Alliance in Dublin, noting:
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.
Next steps for the Alliance include the formation of a Celtic Sea Offshore Wind industrial cluster.
Additionally, the Alliance will focus on policy engagement to secure a pipeline of at least 1GW worth of floating wind turbines in the Celtic Sea before 2030.
The alliance claims that this could attract over of £2 billion worth of regional investment and generate new jobs.