Latest Issue
 
Windtech International September October 2024 issue

 

FOLLOW US AT

follow

 

follow


Intog ScotlandCrown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms. INTOG (Innovation and Targeted Oil & Gas) leasing aims to attract investment in innovative offshore wind projects in Scottish waters, as well as help decarbonise North Sea operations.   
 
The INTOG process allowed developers to apply for seabed rights to develop offshore wind projects that either reduce emissions from the North Sea oil and gas sector - by supplying renewable electricity directly to oil and gas infrastructure (TOG) - or consist of small-scale (IN) innovative projects of 100MW or less. 
 
The successful applicants have now been offered initial agreements – called Exclusivity Agreements – that, if they accept the offers and proceed to sign them, enable them to start offshore wind development work while the Marine Scotland’s planning process for the INTOG Sectoral Marine Plan (INTOG SMP) is completed.
 
If a successful proposed project is in the final INTOG SMP, an option agreement will be offered. Projects will then go through planning, consenting, and financing stages. Responsibility for these next steps does not sit with Crown Estate Scotland, and projects will only progress to a full seabed lease once all these various planning stages have been completed. Option agreements are expected to be offered in 2024.
 
The details of the 13 applicants who have been offered Exclusivity Agreements can be found below.
 

Lead applicant 

Option Fees 

IN or TOG 

Total capacity (MW) 

Bluefloat Energy/Renantis Partnership  

£5,401,360

IN

99.45

Bluefloat Energy/Renantis Partnership 

£7,107,900 

IN  

99.45 

Simply Blue Energy

£9,972,000

IN

100

BP Alternative Energy Investments 

£1,670,917 

IN 

50 

ESB Asset Development UK 

£3,137,000 

IN 

100 

Flotation Energy  

£54,893,102 

TOG 

560 

Flotation Energy  

£40,987,979 

TOG 

1350 

Cerulean Winds 

£67,200,066 

TOG 

1008 

Cerulean Winds 

£35,200,098 

TOG 

1008 

Cerulean Winds 

£35,200,098 

TOG 

1008 

TotalEnergies 

£200,000 

TOG 

Harbour Energy  

£405,000 

TOG 

15 

Harbour Energy 

£405,000 

TOG 

15 

Total (rounded)

£261,780,521 

 
 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.