BP, RWE win big in Round 4
BP, RWE win big in Round 4
Oil and gas companies have dominated the Crown Estate Round 4 leasing process with massive bids securing options for projects in the Irish and North Seas.
BP is the preferred bidder for two 1.5GW sites in the Irish Sea with option fee bids of £154,000 per megawatt per year. The company has paid a deposit on both sites of £231m and said it expe...