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port of milford haven
20 October 2023
Offshore Wind

Unlocking the Opportunities for Flow in the Celtic Sea

Business News Wales, in partnership with IoD Wales, has unveiled its inaugural Industry editorial board, signalling a progressive shift in how business news is shaped and shared in Wales.

Hosted by former first minister Carwyn Jones, the monthly closed-door event, ‘Unlocking the Opportunities for Flow in the Celtic Sea’, will see a variety of media partners and guests help shape the editorial narrative of Business News Wales’ coverage of this game-changing sector.

The new editorial board will ensure that the editorial direction of this influential media channel is firmly in the hands of those at the heart of the industry.

This industry collaboration will be recorded by the Business News Wales team and translated into authoritative editorials, providing the industry with the opportunity to communicate with one voice.

Business News Wales Managing Director, Mark Powney commented:

“The recent news that not one developer came forward to bid for a UK government contract in the Celtic Sea was a surprise to many outside of the sector, but it shouldn’t have been.

“Those within the industry had been warning for some time that this was likely to happen, claiming that the current contract for difference structure is not fit for purpose. A new framework is therefore required if we are going to make sure that floating offshore wind fulfils its potential.

“Working collaboratively with developers, investors and supply chain partners, we will champion this industry in Wales and help get the message out that floating offshore wind is central to the UK’s ambition to decarbonise the UK’s electricity supply, strengthen energy security and provide low-cost power for consumers. “

The first event is due to take place in the week commencing 20th November.

Current participants include:

  • IoD Wales
  • Port of Milford Haven
  • ABP
  • Celtic Sea Power
  • Floventis
  • Blue Gem
  • Marine Energy Wales
  • Renewable Cymru
  • Wales Cyber Innovation Hub

Former first minister and editorial board host Carwyn Jones commented:

At Business News Wales we are fully committed to consistently spotlighting the unfolding developments in the Celtic Sea. It's evident that while the floating offshore wind community is well-informed, those outside the sector often remain uninformed.

Raising awareness about the opportunities in the Celtic Sea, among other sectors, is crucial, especially as the evolution of supply chain processes and skills form key strategies in realising the future vision of the Celtic Sea.

Enabling those who work in the day-to-day operations of this fast-growing industry to have a real and genuine steer on what we cover as a publisher fits well with our objectives.

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