ScotWind announces three new projects in Shetland

ScotWind, the programme overseen by Crown Estate Scotland that leases areas of Scotland’s seabed for wind farm developments, has announced three new projects in Shetland.

The three agreements for the north east area of Shetland are expected to eventually generate 2.8GW of electricity and generate £56m in fees for the Scottish Government.

Colin Palmer, director of Marine at Crown Estate Scotland, said: “This is a fantastic result for Shetland and for Scotland. These projects have significant potential to really boost Scotland’s progress towards its net zero targets, including in relation to the opportunity around green hydrogen.

“Taking these three into account, the 20 ScotWind projects now total up to 27.6GW with initial supply chain commitments indicating an average of £1.4bn investment in Scotland per gigawatt of capacity built.

Nicola Sturgeon, Scotland’s First Minister, said: “ScotWind will deliver a new era in Scotland’s offshore wind industry, representing the world’s largest commercial round for floating offshore wind and breaks new ground in putting large-scale floating wind technology on the map at Gigawatt scale. It will provide several billion pounds more in rental revenues once projects become operational, to be invested for the benefit of the people of Scotland.