From little acorns: ScotWind, Norway, and a Scottish sovereign wealth fund
The Norwegian sovereign wealth fund; the envy of governments the world over.
ScotWind
EMEC research project to reap local benefits from West of Orkney wind farm
The Orkney-based European Marine Energy Centre (EMEC) has kicked off a new research programme in partnership with the West of Orkney wind farm, as part of a broader £140 million supply chain commitment.
SSE warns 15GW of ScotWind capacity overlooked in National Grid transmission plans
National Grid's plans to build sufficient transmission to help reach the UK’s 50GW offshore wind target have been welcomed by industry, but some have warned significant ScotWind capacity has so far been omitted.
Plans approved for mammoth £300m offshore wind base factory in Teesside
Plans have been approved for a giant £300 million factory to produce the bases for offshore wind turbines in Teesside.
Sir Ian Wood: UK unlikely to take more than 20% of ‘early’ ScotWind fabrication work
Sir Ian Wood has said it is unlikely that the UK supply chain will take more than 20% of the major fabrication work in the early wave of ScotWind contracts.
Scotgov outlines spending plans for £660m ScotWind income
The Scottish Government has set out updated spending plans for the next parliament, promising an increase of more than half a billion pounds of investment to drive down greenhouse gas emissions and build climate resilience.
‘This shouldn’t be acceptable’: Supply chain leaders warn Scotwind buildout will go abroad without cohesive strategy
Offshore wind sector suppliers have called on the industry to work together to secure opportunities for the domestic supply chain, and criticised projects for which work has already been sent abroad.
Shell and Scottish Power explore floating wind skills initiative in Aberdeen
Shell and Scottish Power have announced they are exploring a new plan to develop floating offshore wind skills in Aberdeen.
Scottish Power boss calls for a ‘head of ScotWind’ to be named
The CEO of Scottish Power has called for the creation of a “head of ScotWind” to oversee the multi-billion pound development process.
BP announces £18 billion investment for UK with North Sea at its heart
BP has announced plans to invest £18 billion in the UK energy system by 2030, with the North Sea at its heart, days after calls were once again raised for an oil and gas windfall tax.
Union laments ScotWind supply chain commitments with billions set to go overseas
There are concerns that the rest of the world could again reap the lion’s share of the benefits from Scotland’s renewables boom.
ScotWind pledges ranked: SSE, BP and Shell lead the way as winners set out billions for Scotland’s supply chain
Offshore wind developers have set out their intention to invest billions in Scotland’s supply chain in the coming years.
Use ScotWind £700m ‘to stop green lairds buying up all land’
A former government minister has called on the SNP to use a recent £700 million windfall from the ScotWind round to buy up land across Scotland to protect it from the new “green lairds”.
All 17 ScotWind winners green lit to move into development stage
Crown Estate Scotland has confirmed that all 17 successful ScotWind applicants now have option agreements in place.
ScottishPower and Shell reserve seabed off Scotland for floating offshore wind farms
Shell (LON: SHEL) and ScottishPower have become the latest ScotWind winners to announce they have signed option to lease agreements.
Crown Estate signs string of ScotWind option agreements
Successful bidders including SSE Renewables and BlueFloat Energy have signed option agreements with Crown Estate Scotland (CES) for floating offshore wind sites secured as part of the ScotWind auction round.
Shell aiming for more than 40% local content in ScotWind projects
Shell has revealed the proportion of local content it is aiming to use to build two major wind farms off the coast of Scotland.
ScotWind developers must reckon with delivery ‘crunch point’ for floating wind
ScotWind will present a valuable learning experience for the emergent floating wind sector and the supply chain, but expectations must be managed carefully, according to one marine engineering consultancy.
Crown Estate issues second statement on ScotWind and Russian sanctions
Crown Estate Scotland (CES) has issued its second statement to ensure that winners of the ScotWind offshore leasing round are complying with sanctions on Russia.
Supply chain urged to ‘act now’ rather than wait for Scottish offshore wind projects
Industry leaders delivered a rallying cry for Scotland’s offshore wind supply chain during Scottish Renewables’ flagship conference yesterday.
East of Shetland front-runner for ScotWind clearing round
Losing ScotWind bidders are “likely” to get another shot at offshore wind acreage through a clearing round.
Shell and Scottish Power pledge £75m for ScotWind supply chain funds
Scottish Power and Shell will provide £75 million in supply chain funding to support development of three floating and fixed-bottom offshore wind projects.
Scotland expects – ScotWind winners told to deliver on supply chain pledges or risk ‘failure’
Scotland’s net zero and energy secretary has issued a clear reminder to the offshore wind industry that supply chain pledges are more than simply “indications”.
Matheson: Surging gas prices brings Scottish offshore wind imperative
Surging gas prices throws into “sharp relief” the need to ramp up Scottish offshore wind and hydrogen, the energy minister will say later.
ScotWind: Assurances sought over Russian sanctions
Crown Estate Scotland is seeking “formal assurances” that winners in the ScotWind auction adhere to sanctions being imposed on Russia.