ScotWind leasing results

image credit: CES

ScotWind offshore wind leasing delivers major boost to Scotland’s net zero aspirations

25 GW of offshore wind leasing rights split between fixed and floating technologies

17 JANUARY 2022

Crown Estate Scotland has today announced 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.  

The results coming just months after Glasgow hosted the global COP26 climate conference show the huge opportunity that Scotland has to transform its energy market and move towards a net zero economy.  

Quest

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  

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) 

Sowento

First Minister hails “truly historic” opportunity of ScotWind.

Billions will be invested in high quality green jobs as part of Scotland’s transition to net zero.

First Minister Nicola Sturgeon has welcomed the “truly historic” opportunity for Scotland’s net zero economy, as the winners of the ScotWind offshore wind leasing auction were today announced by Crown Estate Scotland.

17 projects, with a combined potential generating capacity of 25GW, have been offered the rights to specific areas of the seabed for the development of offshore wind power – with developers giving commitments to invest in the Scottish supply chain, providing opportunities for high quality green jobs for decades to come. 

The projects are expected to secure at least £1bn in supply chain investment for every 1GW of capacity proposed. They will also generate around £700 million in revenue for the Scottish Government and represent the world’s first commercial scale opportunity for floating offshore wind. As well as helping complete Scotland’s own journey to net zero, creating thousands of jobs in the process, our offshore wind resource also has the potential to position Scotland as a major exporter of renewable energy, including green hydrogen.

Commenting, First Minister Nicola Sturgeon said:

“The scale of opportunity here is truly historic. ScotWind puts Scotland at the forefront of the global development of offshore wind, represents a massive step forward in our transition to net zero, and will help deliver the supply chain investments and high quality jobs that will make the climate transition a fair one.

“It allows us to make huge progress in decarbonising our energy supply – vital if we are to reduce Scotland’s emissions – while securing investment in the Scottish supply chain of at least £1 billion for every gigawatt of power. This will be transformational. And because Scotland’s workers are superbly placed with transferable skills to capitalise on the transition to new energy sources, we have every reason to be optimistic about the number of jobs that can be created. 

“That means, for example, that people working right now in the oil and gas sector in the North East of Scotland can be confident of opportunities for their future. The spread of projects across our waters promises economic benefits for communities the length and breadth of the country, ensuring Scotland benefits directly from the revolution in energy generation that is coming.

This is just the first stage of the long process these projects will have to go through before we see turbines going into the water, as the projects evolve through consenting, financing, and planning stages. Responsibility for these stages does not sit with Crown Estate Scotland, and projects will only progress to a full seabed lease once all these various planning stages have been completed.  

The developments can harmonise with Scotland’s oil and gas interests to ease the pain for that sector; we wish Scotwind every success and momentum to tap the 70 plus interested entrants for a speedy ScotWind2 Process.

If you are interested then join me and the community of like-minded stakeholders at the: ScotWind Professionals Group

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