ScottishPower, Shell sign option agreements for 5 GW of floating wind sites
The East Anglia One offshore wind farm in the North Sea.
ScottishPower Renewables, part of Spanish utility Iberdrola SA (BME:IBE), and oil-and-gas major Royal Dutch Shell Plc (AMS:RDSA), have signed contracts awarding them the property rights for a seabed area in Scottish waters to install 5 GW of floating offshore turbine capacity.
The companies said on Wednesday they have sealed option to lease agreements for the seabed rights for their 3-GW MarramWind and 2-GW CampionWind projects. The agreements were signed following successful bids in Crown Estate Scotland’s ScotWind offshore wind leasing round, which was completed in January.
The two floating offshore wind farms are planned to be installed off the eastern and northeastern coasts of Scotland. When up and running, they will have a combined output estimated to be enough to supply up to six million homes.
Crown Estate Scotland announced in January that 17 projects totalling some 24.8 GW had secured option agreements in the ScotWind offshore wind lease auction round after being selected from a pool of 74 applications. Apart from the MarramWind and CampionWind, ScottishPower was awarded seabed rights its 2-GW MachairWind bottom-fixed offshore project.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.