Scottish Development International’s Post

With the capacity of floating wind projects in the pipeline expected to be 244GW globally, it's clear that the sector will be a major contribution to the future energy mix. In fact, 10% of this pipeline could be generated by floating wind turbines in Scotland - with 24.5GW from projects planned in the ScotWind and the Innovation and Targeted Oil & Gas (INTOG) leasing rounds. While a scale-up over the next couple of decades will require solutions to multiple challenges in a relatively short time, this also presents many opportunities, and Scotland already has a head start. We're home to the world’s first commercial scale floating wind farm, and the Offshore Renewable Energy Catapult's Floating Wind Innovation Centre (FLOWIC) in Aberdeen (a UK first). A Strategic Investment Model is encouraging investment and the UK Government’s Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) is supporting critical infrastructure and ports 🏗⛴️ In its latest article, GlobalData Energy explores the many factors that are coming together as part of a clear strategy to establish Scotland as a leading global destination for floating wind energy 💪🏼 ➡️ https://ow.ly/N4Se50TolSP #ScotlandIsNow #FloatingWind

With the capacity of floating wind projects in the pipeline expected to be 244GW globally, it's clear that the sector will be a major contribution to the future energy mix. In fact, 10% of this pipeline could be generated by floating wind turbines in Scotland - with 24.5GW from projects planned in the ScotWind and the Innovation and Targeted Oil & Gas (INTOG) leasing rounds. While a scale-up over the next couple of decades will require solutions to multiple challenges in a relatively short time, this also presents many opportunities, and Scotland already has a head start. We're home to the world’s first commercial scale floating wind farm, and the Offshore Renewable Energy Catapult's Floating Wind Innovation Centre (FLOWIC) in Aberdeen (a UK first). A Strategic Investment Model is encouraging investment and the UK Government’s Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) is supporting critical infrastructure and ports 🏗⛴️ In its latest article, GlobalData Energy explores the many factors that are coming together as part of a clear strategy to establish Scotland as a leading global destination for floating wind energy 💪🏼 ➡️ https://ow.ly/N4Se50TolSP #ScotlandIsNow #FloatingWind

With the capacity of floating wind projects in the pipeline expected to be 244GW globally, it's clear that the sector will be a major contribution to the future energy mix. In fact, 10% of this pipeline could be generated by floating wind turbines in Scotland - with 24.5GW from projects planned in the ScotWind and the Innovation and Targeted Oil & Gas (INTOG) leasing rounds. While a scale-up over the next couple of decades will require solutions to multiple challenges in a relatively short time, this also presents many opportunities, and Scotland already has a head start. We're home to the world’s first commercial scale floating wind farm, and the Offshore Renewable Energy Catapult's Floating Wind Innovation Centre (FLOWIC) in Aberdeen (a UK first). A Strategic Investment Model is encouraging investment and the UK Government’s Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) is supporting critical infrastructure and ports 🏗⛴️ In its latest article, GlobalData Energy explores the many factors that are coming together as part of a clear strategy to establish Scotland as a leading global destination for floating wind energy 💪🏼 ➡️ https://ow.ly/N4Se50TolSP And if you're attending #ADIPEC this week, you can find out more about floating wind opportunities in Scotland on the Scotland Pavilion in Hall 8, Stand 8450 📍🏴󠁧󠁢󠁳󠁣󠁴󠁿 #ScotlandIsNow #FloatingWind

🔎The UK Strengthens Leadership in Offshore Wind Energy | #KeepInTouch The United Kingdom stands as a global leader in offshore wind energy, backed by a robust tech economy and strong educational institutions. With a focus on sustainable growth and innovation, the UK aims to elevate its already prominent position in the sector. 🌊 ⏺The UK offshore wind sector has a current capacity of 13.9 GW, making it the second-largest market worldwide. The government has set ambitious goals, targeting up to 50 GW by 2030, including 5 GW from floating wind technology. 🌬️ ⏺Innovation in the sector is driven by the Offshore Renewable Energy (ORE) Catapult, a key innovation center established in 2013. The ORE Catapult advances technological development and testing, providing valuable support to the UK's supply chain and contributing significantly to the renewable energy sector. 🏗️ ⏺This year, the ORE Catapult will open a new Floating Offshore Wind Innovation Centre in Aberdeen, focusing on floating wind technology. This facility is expected to accelerate skill transfer from the oil and gas industry, reinforcing the UK’s commitment to clean energy and sustainable job creation. 🌱 What do you think about this news? Leave us your comments! 💬 Source: British Embassy Dublin #VectorRenewables #RenewableEnergy #GreenFuture #UKRenewables #OffshoreWind

Offshore Update: Equinor, Ørsted Sign New Empire Wind 1, Sunrise Wind Contracts with New York State The weighted average all-in development cost of the two awarded offshore wind projects over the life of the contracts is USD 150.15/MWh (approx. EUR 138/MWh). The 810 MW Empire Wind 1 is already moving towards the construction phase as Equinor received final approval. Ørsted's Sunrise Wind has 924 MW. This value of EUR 138/MWh is higher than EUR 86.45 per MWh, value that the consortium between Belgium-based Elicio and BayWa r.e. has won the AO5 tender in France to develop and operate the country's first floating offshore wind farm, the 250 MW Pennavel project. On the other hand in this fourth solicitation by NYSERDA only european companies have won the tender... US companies are not winning any in their own soil, I mean sea... Something to think about why... #Portugal #Spain #solarpv #wind #sps #wps #solarplusstorage #windplusstorage #ess #energystoragesystems #greenhydrogen #hydrogen #energytransition #sustainablefinance #climatechange #climatefinance #cleanenergy #renewableenergy #sustainability #innovation #cleantech #renewables #energytransition #cleanenergy #energysector #greeneconomy #renewableenergy #greenhydrogen #sustainablefinance #greenfinance #alternativeenergy #powergeneration #sustainableinvesting #batteries #energystorage #powermarkets #innovation #oilmarkets #oilandgas #linkedinnews #linkedinfinance #hydrogenenergy #hydrogeneconomy #energy #pv #solarenergy #climate #bess #solar #solarpower #power #developer #projects #offshore #windoffshore #floatingwind #floatingoffshorewind #bioethanol #offshorewind .https://lnkd.in/d7wpWYus

Dominion Energy has successfully closed a USD 160 million acquisition for the Kitty Hawk North offshore wind lease from Avangrid marking a significant step towards advancing renewable energy in the United States. This acquisition not only enhances Dominion's commitment to expanding its renewable portfolio but also reinforces the essential role offshore wind plays in achieving a sustainable energy future. You can read more about this development here: https://lnkd.in/eXJrCWzp. The Kitty Hawk project exemplifies the growing momentum of the offshore wind sector, demonstrating how strategic investments can pave the way for increased energy production while creating jobs and stimulating local economies. With more players entering the market and state governments backing offshore wind initiatives, there is an undeniable shift towards cleaner energy sources that will benefit everyone involved. As we look to the future, it raises the question: How can industry professionals collaborate more effectively to optimise offshore wind project developments? With experts predicting that offshore wind could provide up to 70% of global electricity needs by 2040, now is the time to innovate and share best practices to seize these opportunities. The time for change is here—let's share our thoughts and experiences and collectively drive the future of offshore wind forward. ⚡🌊 #OffshoreWind #RenewableEnergy #SustainableFuture

𝐒𝐜𝐨𝐭𝐥𝐚𝐧𝐝 𝐚𝐩𝐩𝐫𝐨𝐯𝐞𝐬 𝐄𝐮𝐫𝐨𝐩𝐞'𝐬 𝐟𝐢𝐫𝐬𝐭 𝐟𝐥𝐨𝐚𝐭𝐢𝐧𝐠 𝐰𝐢𝐧𝐝 𝐟𝐚𝐫𝐦 🙌 Europe is set to get its first commercial scale 560MW floating offshore wind farm after the pioneering Green Volt project received full planning approval from the Scottish Government. The project which is owned 50% each by Aberdeen based Flotation Energy and Vårgrønn will create hundreds of jobs. The wind farm will have up to 35 turbines at a power of 560 MW and has been described as an “essential stepping stone” from current small-scale projects to gigawatt-style developments. The project hopes to position the north east region in becoming the home of future offshore wind jobs. The power and grid-connection supplied through Green Volt will help to provide renewable energy to oil and gas platforms in the surrounding areas, which will replace power currently generated by diesel and gas turbines. It is expected to reduce carbon emissions by one million tonnes per year. This is an incredibly exciting time for our industry and I can't wait to read more about the success as the plans continue. Allan MacAskill Alastair Rayner Nicol Stephen Dr Richard Wakefield Christer Af Geijerstam Stephen Bull OBE 👏 #floatingwind #offshorefloatingwind #renewables #renewabletechnology

Read the article at Recharge News, “Principle Power and Aker among winners in US Energy Department phase two floating wind prize,” by Tim Ferry—May 16, 2024. “Floating wind technology firm Principle Power and partner Aker Solutions joined four other winners of the US Department of Energy (DoE)'s phase two floating offshore wind readiness (Flowin) prize announced Wednesday. The Flowin prize is aimed at spearheading technology development and industrialisation of the evolving clean power source to meet President Joe Biden's administration's Floating Wind Shot target of 15GW of capacity and rapid cost declines of 70% by 2035. Principle Power-Aker joint venture (JV)'s fourth generation WindFloat triangular platform is already commercially deployed in three projects in Portugal and Scotland totalling 75MW. Operational projects enabled the JV ‘to extract highly valuable feedback from the supply chain to better enable project successes on the first wave of US West Coast projects,’ said Seth Price, vice president of technology & innovation for Principle Power. The US has five active floating wind leases under development off California… ‘The innovative concepts produced by the winners of this phase will help make the nation’s offshore wind goals a reality,’ said Eric Lantz, director of DoE’s Wind Energy Technologies Office…” Read the full story below and at this link. https://lnkd.in/gfa3jy8j #offshorewind #floatingwind #cleanenergy #renewables #climate #offshorewindca #pacificoffshorewindsummit

F4OR applications open 👀 UK businesses targeting entry or expansion in the burgeoning offshore renewable energy sector can apply for the national Fit For Offshore Renewables (F4OR) programme. Companies completing past F4OR programmes have experienced an average 28% increase in turnover with many securing new contracts. #offshorewind #owgp #programme #applicationsopen #OSW

𝗔𝗕𝗣 𝗮𝗻𝗱 𝗙𝗶𝗯𝗿𝗲𝗠𝗮𝘅 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲 𝗠𝗲𝗺𝗼𝗿𝗮𝗻𝗱𝘂𝗺 𝗼𝗳 𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 (𝗠𝗼𝗨) 𝘁𝗼 𝗯𝗼𝗼𝘀𝘁 𝗼𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝘄𝗶𝗻𝗱 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗖𝗲𝗹𝘁𝗶𝗰 𝗦𝗲𝗮 Associated British Ports, the UK’s largest port operator, and HHWE member FibreMax BV, a world leader in Synthetic Tendon Solutions for the most demanding industrial and energy sector applications, have today announced the signing of a Memorandum of Understanding (MoU). This agreement aims to explore development opportunities at ABP’s Port of Swansea and the emerging opportunity of Floating Offshore Wind (FLOW) sector in the region. Read the full article below. #offshorewind #floatingwind #renewableenergy #SustainableFuture #windpower #renewables #greenenergy #cleanenergy #windenergy #renewable #HollandHomeofWindEnergy #HHWE