- Published: 23 July 2021 23 July 2021
Crown Estate Scotland has confirmed that 74 applications have been received from developers looking for the rights to build projects across the 15 areas of seabed available for development through the Scottish Government’s Sectoral Marine Plan for Offshore Wind Energy.Also confirmed is the timeline for next steps.
This includes a target of making initial offers for the first option agreements to successful applicants in January 2022, with those agreements then finalised following that. Developers will then move forward with their detailed plans and start work on various types of activities that can progress their projects. Crown Estate Scotland grants full seabed leases only once developers have all the necessary consents and planning permissions from the Scottish Government and other bodies.
Crown Estate Scotland has now begun assessing each application against the criteria laid out to applicants. Option fees will then be paid by successful applicants to Crown Estate Scotland in exchange for securing the rights to areas of seabed. The maximum amount payable will be £100,000 per km2 of seabed. Revenue profit from the leasing will be returned to the Scottish Government for public spending to drive the green recovery and other Scottish Government priorities.