November 22, 2024
Global Renewable News

SCOTTISH RENEWABLES
Putting a value on Scotland's offshore wind revolution

June 21, 2022

Everyone in renewables should know by now that Scotland's energy landscape will be transformed by ScotWind.

The numbers are huge: 17 offshore wind projects, 25GW, up to £24.9 billion of planned investment into the Scottish economy.

Crown Estate Scotland's Supply Chain Development process is a goldmine of information for potential suppliers, setting out planned spend and where that money will be invested.

Hettie Pike, our Policy Research & Support Officer, has crunched the numbers and created easily-accessible graphics to give members the inside track on the commitments which have been made to date.

Details from the SCDS process, announced by Crown Estate Scotland in April, outlined up to £24.9 billion of planned investment into the Scottish economy across the 17 ScotWind projects - equivalent to £1 billion for every gigawatt of capacity deployed, from a total offshore wind capacity of 24.81GW.

SR analysis of the SCDS data (detailed in this blog) has shown that potential collaborations and external investment could see the most ambitious scenarios deployed by developers, raising this to £1.4 billion per gigawatt - a truly transformational sum for the Scottish supply chain.

Those 17 wind farms, both floating and fixed, could cover up to 7,000km2 of the Scottish seabed. The clean green renewable energy that these wind farms will provide would give a game-changing boost to the plans to turn Scotland's energy sector fully electric and push for net-zero.

Following the news of the signatories to the Scottish Offshore Wind Energy Council's Collaboration Framework the publication of the ScotWind Supply Chain Development Statement Outlooks (SCDS), Scottish Renewables takes a look at what ScotWind could mean for the Scottish offshore wind supply chain

Read the full press release.

For more information

Scottish Renewables

www.scottishrenewables.com/


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6 Press releases