Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Advertisement

Scottish seabed up for lease for offshore wind investment

Crown Estate Scotland, manager of Scotland’s seabed, has announced the launch of the first round of offshore wind leasing in Scottish waters for a decade. 

The first round, called ScotWind Leasing, will enable companies to apply to build Scotland’s next generation of offshore wind farms.

It is estimated that the ScotWind project could deliver more than enough electricity to power every Scottish household, saving over 6 million tonnes of carbon dioxide per year.

From today (June 10), investors and developers will be able to register their interest in obtaining an ‘option agreement’ with Crown Estate Scotland. This can then lead to leases to build offshore wind farms in one of the areas of seabed that are available to be obtained.

It is hoped that this multi-billion pound investment opportunity will form a major part of Scotland’s green recovery.

John Robertson, Crown Estate Scotland’s head of energy and infrastructure said: ‘Today is a huge step forward in kick-starting Scotland’s green recovery, meeting net-zero targets and bringing multi-billion pound investments to benefit communities across the nation.

‘Offshore wind is currently one of the cheapest forms of new electricity generation and Scotland is perfectly poised to host major new projects, with a well-established energy skills sector as well as some of the best natural marine resources in Europe.’

Scotland’s Energy Minister, Paul Wheelhouse, said: ‘As we emerge from the crisis, we have a chance to re-imagine the Scotland around us, and to begin building a greener, fairer and more equal society and economy, one in which wellbeing, fair work and social justice are prioritised.

‘Our seas are host to some of the best offshore wind resources in the world, supporting the continuing growth and expansion of the sector.

‘We want to harness this huge resource for our energy system, unlocking significant investment in the supply chain to create more green jobs across the sector and, importantly, to do so in a way that gives due regard to our marine environment and other marine activities.’

Photo Credit – Pixabay

Pippa Neill
Reporter.
Help us break the news – share your information, opinion or analysis