Scottish Renewables’ Post

Taiwan’s offshore wind sector received a much-needed boost as Copenhagen Infrastructure Partners (CIP) signed an offtake deal for a 500MW project at a time when spiraling power prices on the island have left other projects stranded. CIP, through one of its infrastructure funds, announced today that its Fengmiao I project has signed a Corporate Power Purchase Agreement (CPPA) with Sino American Silicon Products Inc and its renewables subsidiary. #renewable #renewableenergy #Taiwan #offshorewind #CPPA #Powerpurchaseagreement

Updated: The Australian government has backed 12 offshore wind projects totalling up to 25GW by developers off the coast of Gippsland, Victoria. These include six projects that have secured licences so the developers can carry out further work to assess their feasibility and environmental impacts. This makes them the most advanced at present. They are: - Blue Mackerel North (by JERA Nex / Parkwind and Beach Energy Ltd) - Gippsland Skies (2.5GW fixed-bottom project by AGL, DIRECT Infrastructure, Mainstream Renewable Power and Reventus Power ) - High Sea Wind Project North (1.28GW project by EDP Renewables and ENGIE joint venture OW Ocean Winds) - Kut-Wut Brataualung (2GW project by CIP / Southerly Ten and Gunaikurnai Land and Waters Aboriginal Corporation (GLaWAC)) - Ørsted 1 (2.8GW project by Ørsted) - Star of the South (2.2GW project by new Copenhagen Infrastructure Partners vehicle Southerly Ten, Cbus Super Fund and original co-founders Andy Evans, Terry Kallis and Peter Sgardelis). The government also identified six projects that are in line to receive feasibility licences, subject to further consultation. They are: - Aurora Green (up-to-3GW project by Iberdrola) - Gippsland Dawn (by BlueFloat Energy) - Great Eastern Offshore Wind (2.5GW project by Macquarie Group's Corio Generation) - Kent Offshore Wind (by RWE) - Navigator North (1.5GW project by Origin Energy and RES) - Ørsted 2 (also by Ørsted) Great to see the progress in the Australian offshore wind sector. We'll look at this more in an A Word About Wind analysis piece soon. 🇦🇺 Ps. I like the fact I've been able to get updates on this overnight UK time. It's like when The Ashes are in Australia but with pleasant news in the morning. 🤣 #offshorewind #Australia #Victoria

The Offshore Renewable Energy Catapult's (ORE) Floating Offshore Wind Centre of Excellence has released a new report which highlights the potential methods to develop the critical port infrastructure and manufacturing centres required to support floating wind deployment. 🌿 What are the key points highlighted in the report? - Identifying existing investment barriers for UK port infrastructure and manufacturing facilities relevant to floating wind in the UK - Understanding the key factors affecting the competitiveness of UK ports and co-location manufactured facilities internationally - The options to develop and implement ways to reduce the risk associated with large-scale port investment in the UK Click here to read the full article: https://lnkd.in/esJbi3-P #renewableenergy #UKports #floatingwind

Offshore wind is significantly more effective than onshore and has the added benefit of creating artificial ecosystems for marine life.

𝐏𝐥𝐚𝐧𝐬 𝐥𝐨𝐝𝐠𝐞𝐝 𝐭𝐨 𝐛𝐮𝐢𝐥𝐝 𝐨𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐰𝐢𝐧𝐝𝐟𝐚𝐫𝐦 '𝐟𝐨𝐮𝐫 𝐭𝐢𝐦𝐞𝐬 𝐭𝐡𝐞 𝐬𝐢𝐳𝐞 𝐨𝐟 𝐀𝐛𝐞𝐫𝐝𝐞𝐞𝐧' Plans to build one the largest floating offshore windfarms in the world have been lodged with the Scottish Government. The site of the proposed Ossian project is a whopping 331sq miles, more than four times the size of Aberdeen, and would be capable of powering up to six million homes annually. The project would have a capacity of 3.6gigawatts (GW) and is a joint-venture between SSE Renewables, Marubeni Corporation and Copenhagen Infrastructure Partners (CIP). This project highlights the ambition as we aim to turn the North-east into the net zero capital of Europe. 📰 Read more: https://lnkd.in/eC4uyDRk #Aberdeen #Aberdeenshire #offshorewindfarm

Today, Australia’s first offshore wind projects were awarded feasibility licences. The 15,000 km2 Gippsland zone off the coast of Victoria has a potential of 10 gigawatts (GW). The six projects selected include Copenhagen Infrastructure Partners' Star of the South, OW Ocean Winds' (the 50-50 joint venture between French energy giant ENGIE and Spanish renewables company EDP) High Sea Wind, Gippsland Skies, Blue Mackerel North, Kut-Wut Brataualung and Ørsted's Gippsland 01. Victoria has a renewable energy target of 95% by 2035 and has legislated offshore wind energy generation targets at least 2 GW of offshore generation capacity by 2032, 4 GW by 2035 and 9 GW by 2040. The Government intends to grant another six licences, subject to First Nations consultation. These include Iberdrola Australia OW 2 Pty Ltd (Aurora Green), Greater Gippsland 2 OWP Project Pty Ltd (Gippsland Dawn), Navigator North Project Pty Ltd, Ørsted Offshore Australia 1 Pty Ltd (Gippsland 02), Kent Offshore Wind Pty Ltd and Great Eastern Offshore Wind Farm Project Co Pty Ltd. These 12 projects could generate up to 25 GW. Offshore wind represents a huge opportunity for Australia to serve its densely populated coastal cities while leveraging existing interconnection infrastructure from its retiring coal plants. A dual combination of providing reliable renewable energy to power millions of homes and heavy industry as well as creating thousands of high-quality local jobs and significant economic development. Over the past year, the NORTHGREEN CAPITAL team is pleased to have been active with some of the pioneers in these early days of Australia's offshore wind industry. We look forward to continuing to play a significant role in getting more GW of offshore wind in the water across key markets, globally, as the offshore wind M&A advisory firm of choice. #offshorewind #energytransition #transactionadvisory #northgreencapital

Newfoundland and Labrador, take notice! My friend Philip Bassil highlights another jurisdiction accelerating the development of its offshore wind resource, spurred by legislated offshore wind energy generation targets of defined supplies of capacity by defined dates: 2GW by 2032, 4 GW by 2035, 9 GW by 2040. Our stakeholders - investors, entrepreneurs, utilities, and regulators - need the certainty of these directions from our government. To repeat my post of 9 months ago: Where’s our roadmap? What are we waiting for? In June 2023, Nova Scotia released its Offshore Wind Roadmap, setting the province’s goal of offering seabed licences for 5 gigawatts of offshore wind energy by 2030, with certain of these licences being issued as early as 2024. 5 gigawatts by 2030: why this scale and timing? Nova Scotia believed, correctly, that the offer would entice industry: it acknowledged market appetite for increased project scale, gave better visibility for investment continuity, and steered the province’s emerging offshore wind sector towards becoming cost-competitive sooner. This is deliberate market design. The roadmap also stated Nova Scotia’s intent to offer early commercial-scale development within near-shore waters under provincial jurisdiction immediately, thereby establishing a foundation for future larger-scale development in waters jointly managed by the province and the federal government when they become viable. And Newfoundland and Labrador? Still no roadmap. Industry needs similar clarity on the goal, market design and path forward for offshore wind energy in Newfoundland and Labrador. We need a plan. Need it, like yesterday. The same timing and drivers that apply to the offshore wind prospect in Nova Scotia apply to Newfoundland and Labrador. While our focus is squarely on onshore wind development at present, surely this doesn’t limit our focus on the broader opportunities that surround us. To be competitive, we must be proactive. The time is ripe for the province to publish a plan that invites domestic and global developers to participate in shaping the fundamentals of our promising new offshore wind market. Let’s push the accelerator! #renewableenergy #offshorewindenergy #atlanticcanada #newfoundlandandlabrador #mcinnescooper

And then there were 12. Australia’s Minister for Climate Change and Energy Chris Bowen MP has announced a further six feasibility licences for the Gippsland Offshore Wind Zone in Victoria: - Iberdrola Australia OW 2 Pty Ltd (Aurora Green) - Greater Gippsland 2 OWP Project Pty Ltd (Gippsland Dawn) BlueFloat Energy Australia   - Navigator North Project Pty Ltd Origin Energy and RES - Ørsted Offshore Australia 1 Pty Ltd (Gippsland 02) - Kent Offshore Wind Pty Ltd RWE - Great Eastern Offshore Wind Farm Project Co Pty Ltd. Corio Generation   Congratulations! These developers can now commence the detailed assessment work to determine feasibility, including environmental studies and management plans. Victoria's abundant offshore wind resources are among the world's best, and according to the Department of Climate Change, Energy, the Environment and Water, these projects could generate 25 GW of offshore wind energy, which is more electricity than the entire state of Victoria generated last year. At GeelongPort, we see massive potential for Geelong as a renewables hub to support Victoria’s burgeoning clean energy sector. The port is progressing plans to develop 25 hectares of land for a purpose-built wind farm construction port to meet the unique needs of offshore wind developments. Learn more about our proposed renewables terminal here: https://lnkd.in/geZdzJMG   This announcement is another exciting step forward for the offshore wind industry in Australia and Victoria. #offshorewind #renewablesindustry #renewables #netzero #windfarms #Victoria #logisitics #renewableenergy #ports

Urban Enterprise welcomes the Federal Government's decision to award a Feasibility Licence to Gippsland Skies Offshore Wind project.   The proposed 2.5 GW fixed bottom wind farm is being led by a consortium comprising Mainstream Renewable Power, Reventus Power, AGL and DIRECT-Infrastructure.   Urban Enterprise provided expert economic analysis to support the application through a Socioeconomic Benefit Assessment. Our work identified and assessed the suite of socioeconomic benefits and impacts that the project could generate over its lifecycle. The first phase of the project is expected to be operational in 2032, contributing significantly to the Victorian Government’s offshore wind targets of at least 2 GW by 2032 and 4 GW by 2035.  When fully operational, this project could power up to 1.4 million Victorian homes.   We look forward to working with the team as the project progresses. #EnergyTransition #Renewables #Gippsland https://lnkd.in/gUmq72YP

Offshore wind is back for business in UK waters with 9 contracts awarded including securing both what will be Europe’s largest and second largest windfarm projects, Hornsea 3 and Hornsea 4 off the Yorkshire coast. Funding awarded today will also support new green jobs across the country, unlocking green economic growth from the Scottish Highlands to the Suffolk coast. Contracts for Difference Allocation Round 6 the largest offshore windfarm project in Europe – the Hornsea 3 project off the Yorkshire coast the largest floating offshore wind project in the world to reach market, Green Volt, which is double the size of Europe’s total installed floating offshore wind capacity. Funding is awarded through the government’s Contracts for Difference scheme which provides developers with subsidies for clean electricity projects across Britain with a built-in design to keep costs low for billpayers. 6 new tidal projects a combined 115 solar and onshore wind projects @vgcgroup Jimmy Callaghan Michaela Folkes