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    • Scottish Power and Shell to invest in offshore wind in Scotland
     
    March 15, 2022

    Scottish Power and Shell to invest in offshore wind in Scotland

    MarineNews

    Reuters have reported that the successful ScotWind partners, ScottishPower and Shell, are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore wind industry in Scotland.

    ScottishPower and Shell were awarded the seabed rights to develop two new floating wind projects through Crown Estate Scotland’s ScotWind Leasing at the start of the year:

    MarramWind joint venture off the north-east coast of Scotland (3GW)

    CampionWind joint venture off the east coast of Scotland (2GW)

    In addition, ScottishPower was awarded the seabed rights for a fixed foundation project off the coast of Islay – MachairWind (2GW).

    Collectively, the projects have the potential to create enough clean energy to power almost 8.5 million homes – more than three times the number of homes in Scotland.

    Each of the floating projects will benefit from a £25 million supply chain stimulus fund from ScottishPower and Shell, with a £25 million fund linked to MachairWind provided by ScottishPower alone.

    Applications to the funds will open up later in the year. Online supply chain registration portals for all three projects are now live, giving organisations the chance to get involved in working with ScottishPower and Shell to shape the next chapter for the offshore wind industry.

    More information can be read here.

    Tagged: Crown Estate, offshore wind, Scotland, ScotWind

    Ocean and Coastal Futures Ltd
    23 Hauxley Links
    Low Hauxley
    Morpeth
    Northumberland
    NE65 0JR

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