Project Cancellation

EnBW and JERA Nex bp announced they have decided not to proceed with the Agreement for Lease for the 1.5 GW Morgan offshore wind project, following failure to secure a CfD in the UK AR7 allocation round and adverse market conditions. The neighbouring Morecambe generation project continues under new sole owner Copenhagen Infrastructure Partners (CIP), but the joint Morgan and Morecambe Transmission Assets DCO — designed to serve both wind farms with up to 6 export cables (4 Morgan + 2 Morecambe) — is now oversized. The TA DCO decision remains pending. The Crown Estate is working with the developers to assess implications and will update the market on next steps for the Morgan seabed lease.