Power

Shell and ScottishPower to develop 5GW of floating wind in the UK

Shell floating wind

Shell and ScottishPower, the number one company of wind energy development, part of Iberdrola Group, announced this Monday they will jointly develop up to 5 gigawatts of floating wind capacity in the UK.

Firstly, the companies secured seabed rights to develop large-scale floating wind farms as part of Crown Estate Scotland’s ScotWind leasing. Particularly, the partners secured the rights for two sites, off the east and north-east coast of Scotland.

Moreover, the two new wind farms will be delivered through two joint ventures called MarramWind and CampionWind. These joint ventures will leverage ScottishPower’s and Shell’s decades of experience working offshore and significant presence in Scotland. Also, their strong innovation capabilities for delivering world-class offshore energy projects.

In addition, once built, MarramWind’s CampionWind’s floating wind projects will deploy 3 GW and 2 GW of clean energy, respectively. Such an amount would be equivalent to powering 6 million Scotland homes. This is more than double the number of homes in the region today.

Also recommended for you: Oya Solar secures financing to launch community solar projects in NY. Click here to read.

Shell and ScottishPower projects to provide benefits for the region

Furthermore, the joint ventures have already begun initial development planning; and will continue to work at pace towards final investment decisions. Keith Anderson, CEO of ScottishPower, said about the matter. “Our ScotWind projects will make the best use of our fantastic natural resources to help power the UK’s transition from fossil fuels to renewables and a better future, quicker.”

He also remarked. “They will also deliver investment, support jobs, and boost supply chains – particularly in areas like the north-east that play a key role in the energy sector – opening up immense opportunities for businesses and institutions across the country.”

On the other hand, Wael Sawan, Integrated Gas and Renewables and Energy Solutions Director at Shell, said. “Shell and ScottishPower can now look forward to generating floating wind power at significant scale in the UK to accelerate the country’s transition towards net zero.”

Finally, he remarked. “Renewable electricity will play an increasingly important role in our customer-focused strategy, as we provide more low-carbon products and services customers need for their own journey to net zero.”

Related posts

Plug Power to build hydrogen plant in Camden CTY

editor

Rapid EV chargers to be produced in Oklahoma by new Getka company

editor

Electricity demand in Texas to peak year’s high next week due to heatwave

editor