The recent announcement that Scotland’s seabed is being reopened for new wind farm projects for the first time in a decade makes it clear that Scotland is perfectly poised to continue leading the way in the renewable energy revolution. The launch of the new round of bidding for ‘ScotWind’ offshore wind leasing should lead to multi-billion pound investments in Scotland’s green energy sector. The ScotWind projects will significantly increase the amount of power generated from offshore renewables and it is hoped that all of the new projects will be operational by 2030. After a number of years of slow progress, Scotland has seen significant movement in offshore wind projects in the last 12 to 18 months, with the Beatrice project becoming fully operational in June 2019. In addition, Moray East and Neart Na Gaoithe started construction last year, and there was very recent news regarding the Seagreen 1 project reaching FID (Final Investment Decision) and the acquisition of a stake in the project by Total.
Scotsman 6th July 2020 read more »