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Windtech International March April 2024 issue

 

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Three projects will be offered seabed agreements for offshore wind projects following Crown Estate Scotland’s ScotWind clearing process. Clearing saw the ‘NE1’ area east of Shetland made available for ScotWind applicants who met the required standards but who did not secure their chosen location earlier in the leasing process. 
 
Highlights of the clearing results include: 
 
  • A total of 14 applications were received  
  • Three projects have been selected and offered option agreements  
  • The three projects’ initial supply chain commitments indicate an average of £1.2bn investment in Scotland per gigawatt (GW) of capacity built  
  • A total of £56m will be paid by the successful applicants in option fees and passed to the Scottish Government for public spending. Projects are currently expected to pay Crown Estate Scotland £4m per GW per year once operating - this would also be paid to Scottish Government.  
  • The area of seabed covered by the three projects is just over 560km2 (from a total of 751km2 available in NE1) 
  • The three projects are expected to generate 2.8GW of electricity

Map reference

Lead applicant

Option Fees

Technology

Total capacity (MW)

18 

Ocean Winds 

£10,000,000 

Floating 

500 

19 

Mainstream Renewable Power 

£36,000,000 

Floating 

1,800 

20 

ESB Asset Development 

£10,000,000 

Floating 

500 

Totals

 

£56,000,000

 

2,800 

 
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