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Celtic Freeport Drives Growth for Clean Energy Future
The Celtic Freeport, based in South West Wales, was officially launched by the UK Government and Welsh Government. It offers significant tax breaks and customs exemptions to drive economic growth and industrial reinvigoration. The initiative secured planning consents for projects including LanzaTech’s sustainable aviation fuel plants and RWE’s Pembroke Green Hydrogen plant, alongside additional projects in floating offshore wind and battery energy storage. The project involves a potential investment of £26 million from the UK Government, targeting over £8bn in total public and private investment, with confirmed support from multiple government entities.