Green light for construction of £2.6bn Beatrice offshore wind farm
Local focus 23 May 2016
The £2.6bn Beatrice Offshore Windfarm Ltd (BOWL) project has been given the green light for construction by owners SSE (40%), Copenhagen Infrastructure Partners (CIP) (35%) and SDIC Power (25%) after the project reached Financial Close. The project will be one of the largest private investments ever made in Scottish infrastructure.
Ronnie Quinn, General Manager of The Crown Estate’s Scotland Portfolio said: “It’s incredibly exciting to see this project given the final go ahead. Any offshore wind farm of this scale is a very complex development - putting the finance and final lease in place for Beatrice is a huge achievement that will result in investment and jobs at a local, regional and national level. We look forward to continuing to support the team.”
World’s largest floating wind farm moves to next stage
Local focus 16 May 2016
A floating wind farm to be located off Scotland’s east coast at Buchan Deep, some 25 kilometres from Peterhead, is one step closer to becoming reality following The Crown Estate granting a lease to Statoil that will enable construction to commence.
The project - set to be the world’s largest floating wind farm - consists of five 6MW turbines which will be deployed in deeper water than any previous offshore wind turbines around the coast of the UK.
The Crown Estate manages leasing of the seabed. The business’s team uses in-depth knowledge of the offshore renewables sector - covering planning and consenting, finance & commercial, environmental and legal issues - to actively manage the seabed to ensure it is sustainably developed and enjoyed to deliver best value over the long-term.
News 08 March 2016
The Crown Estate has announced agreements with offshore wind developers ScottishPower Renewables, Vattenfall and DONG Energy, which have reconfigured or identified new projects within their respective Round 3 offshore wind development zones.
London Array offshore wind farm announces record output
Local focus 08 January 2016
London Array have announced a new record for the amount of clean electricity produced by an offshore wind farm in a single calendar month.
In December 2015 the renewable energy project generated 369,000 MWh of electricity. The capacity factor for the month was 78.9 per cent. Net overall output for the year was around 2,500,000 MWh, enough to meet the needs of more than 600,000 UK households (based on an average annual household consumption of 4,115 kWh).
News 14 December 2015
The Crown Estate has published a study by the British Geological Survey (BGS) summarising the geological conditions of the Irish Sea that will provide a valuable resource for anyone considering development of offshore infrastructure in the region.
News 01 December 2015
The Capability & Portfolio 2015 report outlines the significant demand and range of uses for marine aggregates in the UK.
News 19 November 2015
We have launched a unique interactive map that shows the estimated percentage of UK electricity demand being met by offshore wind on an hourly basis.
News 09 November 2015
We have announced that Huub den Rooijen has been appointed as Director of Energy, Minerals and Infrastructure with immediate effect.
Unlocking the North Sea’s CO2 storage potential: unique study reveals benefit of ‘multiple user’ storage sites
News 10 September 2015
The secure and permanent storage of carbon dioxide (CO2) within a single geological storage formation can be optimised by injecting CO2 at more than one point simultaneously, according to results from an innovative study of rocks beneath the UK North Sea.