Image description: Offshore wind turbine

Scotland’s offshore wind industry is facing a critical moment, with policy instability putting billions in investment at risk, according to Scottish Renewables Chief Executive Claire Mack.

Scotland currently has over 40GW in its offshore wind pipeline, placing it among the top ten global markets. However, uncertainty around zonal pricing volatile transmission charging mechanisms could derail progress and reverse potential savings for consumers, the industry warns.

Speaking at the All-Energy conference in Glasgow, Mack said that while Scotland has world-leading offshore wind potential, a lack of clarity is undermining investor confidence.

Recent studies show offshore wind could deliver up to £35 billion in public value over the next 40 years and represents the majority of a projected £100 billion in energy investments in the Highlands and Islands by 2040.

The warning follows Orsted’s decision to halt its Hornsea 4 project in England, raising further concerns ahead of the UK’s next Contracts for Difference auction round.