Delivery of the first three floating windfarms in the Celtic Sea will be able to generate enough energy to power more than four million homes, deliver £1.4 billion GVA (Gross Value Added) to the production of goods and services in the UK and an average of 5,300 jobs over five years, a new study says.

Initial findings from a supply chain study by RWE and Marine Power Systems are helping identify where Wales and the region can benefit from the forthcoming Celtic Sea floating wind technology boom.