Crown Estate Scotland announces three Shetland ScotWind projects

Aug. 23, 2022
Three projects will be offered seabed agreements for offshore wind projects following Crown Estate Scotland’s ScotWind clearing process.

Offshore staff

SCOTLAND  Three projects will be offered seabed agreements for offshore wind projects following Crown Estate Scotland’s ScotWind clearing process.

The announcement comes as an offshore wind supply chain summit was held in Aberdeen Aug. 22.

Clearing saw the NE1 area east of Shetland made available for ScotWind applicants that met the required standards but did not secure their chosen location earlier in the leasing process.

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 £1.2 billion investment in Scotland per gigawatt of capacity built

A total of £56 million will be paid by the successful applicants in option fees and passed to the Scottish government for public spending. Projects are expected to pay Crown Estate Scotland £4 million per gigawatt per year once operating; this would also be paid to the Scottish government.

The area of seabed covered by the three projects is just over 560 sq km (from a total of 751 sq km available in NE1).

The three projects are expected to generate 2.8 GW of electricity.

Colin Palmer, director of marine at Crown Estate Scotland, said, “This is a fantastic result for Shetland and for Scotland. These projects have significant potential to really boost Scotland’s progress toward its net-zero targets, including in relation to the opportunity around green hydrogen.

“Taking these three into account, the 20 ScotWind projects now total up to 27.6 GW with initial supply chain commitments indicating an average of £1.4 billion investment in Scotland per gigawatt of capacity built."

08.23.2022