Norway is part of the 25GW ScotWind journey
17 projects of floating, fixed and mixed offshore wind, have been offered option agreements to join Scotland's offshore wind journey to net-zero emissions.
Crown Estate Scotland announced 17 January, the outcome of its application process for ScotWind Leasing, the first Scottish offshore wind leasing round in over a decade and the first ever since the management of offshore wind rights were devolved to Scotland according to their announcement.
Scotland has aspirations of reducing emissions by 90% and reach net zero by 2045. The UN has praised Scotland’s efforts which these projects will contribute to achieving according to Crown Estate Scotland.
17 projects have been selected out of a total of 74 applications and have now been offered option agreements which reserve the rights to specific areas of seabed. Altogether the projects are totalling almost 25 GW! The Norwegian hydropower capacity is up to 30 GW, to put it in perspective.
These projects represent huge opportunities for the Norwegian supplier industry and cluster partner TechnipFMC are part of the winners as part of Magnora’s bid: one of three Norwegian companies that were awarded projects.
Magnora Offshore Wind will develop an offshore wind project, both floating and fixed, with a production capacity of 500 megawatts.
BW Ideol will, together with the companies Baywa and Elicio, develop a floating offshore wind farm with a production capacity of 960 megawatts.
Fred. Olsen Seawind, will together with Swedish Vattenfall develop a floating offshore wind project with a production capacity of 798 megawatts.
Other highlights include:
- A total of just under £700m will be paid by the successful applicants in option fees and passed to the Scottish Government for public spending
- The area of seabed covered by the 17 projects is just over 7,000km2 (a maximum of 8,600km2 was made available through the Scottish Government’s Sectoral Marine Plan)
- Initial indications suggest a multi-billion pound supply chain investment in Scotland
- The potential power generated will provide for the expanding electrification of the Scottish economy as they move to net zero.
Should any application not progress to signing a full agreement, the next highest scoring application will instead be offered an option.
Major opportunities for the Norwegian supply chain
The majority of the awarded licences are situated on the east coast of Scotland in the North Sea.
10 of the 17 offshore wind projects are based on floating technology. This should lead to great opportunities for the experienced Norwegian supply chain. Initial indications suggest a multi-billion pounds supply chain investment in Scotland.
The projects are expected to secure at least £1bn in supply chain investment for every 1GW of capacity proposed.
Join offshore wind delegation
Norwegian Energy Partners and GCE Ocean Technology are pleased to invite all interested companies to join the Norwegian delegation to Scottish Renewables’ Offshore Wind Conference, Exhibition & Dinner 2022 in Glasgow.
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