UK seabed landlord The Crown Estate will next month present revised plans for Round 4 offshore wind leasing that address industry fears over a controversial “option fee” to decide between bidders, Recharge understands.
The Crown Estate earlier this year set out proposals that the final winners of Round 4 leasing will be determined by the size of a fee put forward by the bidder for exclusive rights to the site, prompting claims that deep pockets rather than project capability would become the decisive factor.
