Shell has partnered with Scottish energy company ScottishPower to jointly submit a bid in the ScotWind Leasing round.
The two companies have submitted multiple proposals for developing large-scale floating offshore wind farms in the north-east of Scotland.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataShell and ScottishPower claim their projects will help decarbonise the UK and support the country’s green economic recovery.
ScotWind Leasing, which closed for submissions on 16 July, is the first round of seabed leasing in Scottish waters by the Crown Estate Scotland in more than ten years.
ScottishPower CEO Keith Anderson said: “Scotland is the windiest country in Europe and has the biggest and most experienced offshore sector.
“Bringing ScottishPower and Shell’s collective knowledge, experience and expertise together means we’re perfectly placed to lead the way in developing large-scale offshore floating windfarms and creating a new green industry with massive potential for exporting our skills and experience worldwide and helping the UK decarbonise its energy generation.”
The finalised bidders will be granted property rights to develop large-scale offshore wind projects, including floating wind projects, for the first time.
Crown Estate Scotland is expected to announce the results of the ScotWind Leasing round by early next year.
Shell UK Country chair David Bunch said: “If our bid is successful, Shell and ScottishPower are fully committed to working with Scottish communities and businesses to help develop supply chains and expertise that could make Scotland a world leader in floating wind.
“At Shell, we continue to grow our capacity to generate, trade and supply cleaner power to our customers and to play our part in powering the UK to net-zero.”
This week, Scotland-based offshore wind developer Red Rock Power formed an equal partnership with Italian energy company Eni to make a joint bid in the ScotWind offshore leasing round.