• About MTB
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
Delegate Login
MTB Events
  • Home
  • MTB Marine
    • All Upcoming Marine Events
    • MTB Marine Americas 2023
    • MTB Marine Asia 2023
    • MTB Superyachts 2023
    • MTB Workboats 2023
    • MTB Marine Europe 2023
  • MTB Energy
    • All Upcoming Energy Events
    • MTB Oil & Gas 2024
  • MTB Aviation
    • All Upcoming Aviation Events
    • MTB Aviation Asia 2023
    • MTB Aviation 2023
  • Sector NewsUpdated
    • All
    • Aviation
    • Energy
    • Marine
    The IWS Fleet grows to 6 vessels on order

    The IWS Fleet grows to 6 vessels on order

    ANDRITZ

    ANDRITZ enters into a strategic partnership on carbon capture for the maritime industry

    Teesside-Airport-KLM-Saf-partnership-2

    Teesside becomes UK’s first airport to sign green aviation fuel agreement

    BP FPSO vessel

    FPSO vessel for the bp-operated Greater Tortue Ahmeyim project successfully sets sail

    Eitzen Group becomes majority shareholder in Høglund Marine Solutions

    Eitzen Group becomes majority shareholder in Høglund Marine Solutions

    OSM Maritime Group and Thome Group have agreed to a merger of the two companies

    OSM Maritime and Thome to merge

    Trending Tags

    • Airports
    • Aviation
    • Marine
    • Oil & Gas
    • Renewables
    • Superyachts
    • Workboats
  • Testimonials
    • Testimonials
    • Video Highlights
  • Event Galleries
  • About MTB
    • About Meet The Buyer Events
    • How It Works
  • Contact
No Result
View All Result
  • Home
  • MTB Marine
    • All Upcoming Marine Events
    • MTB Marine Americas 2023
    • MTB Marine Asia 2023
    • MTB Superyachts 2023
    • MTB Workboats 2023
    • MTB Marine Europe 2023
  • MTB Energy
    • All Upcoming Energy Events
    • MTB Oil & Gas 2024
  • MTB Aviation
    • All Upcoming Aviation Events
    • MTB Aviation Asia 2023
    • MTB Aviation 2023
  • Sector NewsUpdated
    • All
    • Aviation
    • Energy
    • Marine
    The IWS Fleet grows to 6 vessels on order

    The IWS Fleet grows to 6 vessels on order

    ANDRITZ

    ANDRITZ enters into a strategic partnership on carbon capture for the maritime industry

    Teesside-Airport-KLM-Saf-partnership-2

    Teesside becomes UK’s first airport to sign green aviation fuel agreement

    BP FPSO vessel

    FPSO vessel for the bp-operated Greater Tortue Ahmeyim project successfully sets sail

    Eitzen Group becomes majority shareholder in Høglund Marine Solutions

    Eitzen Group becomes majority shareholder in Høglund Marine Solutions

    OSM Maritime Group and Thome Group have agreed to a merger of the two companies

    OSM Maritime and Thome to merge

    Trending Tags

    • Airports
    • Aviation
    • Marine
    • Oil & Gas
    • Renewables
    • Superyachts
    • Workboats
  • Testimonials
    • Testimonials
    • Video Highlights
  • Event Galleries
  • About MTB
    • About Meet The Buyer Events
    • How It Works
  • Contact
No Result
View All Result
MTB Events
No Result
View All Result

Home > News > Ørsted reveals multi-billion pound investment plans for Scotland

Ørsted reveals multi-billion pound investment plans for Scotland

MTB Editor by MTB Editor
8th October 2021
in Energy, News
0
Ørsted
0
SHARES
21
VIEWS
Share on FacebookShare on Twitter

Ørsted, has revealed its intention to invest up to £12bn directly with Scottish companies on developing and constructing offshore wind farms in the country over the next ten years, with £billions more to be spent with Scottish supply chain businesses once these wind farms become operational.

These proposals are contained in bids submitted to the Crown Estate Scotland through its ScotWind offshore wind leasing round and would provide more than 8.5GW of clean, renewable electricity if Ørsted’s bids are successful.

The company has entered bids for a total of five projects, two floating wind only bids as part of its joint venture partnership with BlueFloat Energy and Falck Renewables and a further three as Ørsted alone which include a mix of fixed and floating wind technologies.

Martin Neubert, Chief Commercial Officer at Ørsted explains why Scotland is a key priority for the company:

“We have recently set out our aspiration to become the world’s leading green energy major by 2030. Orsted has the largest development pipeline in the offshore wind industry and it’s our clear ambition to remain the global market leader in offshore wind.

We committed to these ambitious plans for the ScotWind leasing round not only because Scotland can play a key role in achieving our aspiration but because we firmly believe our scale and experience in offshore wind puts us in a unique position to help Scotland transition to a low carbon economy as quickly as possible.

By incorporating large-scale offshore wind generation alongside renewable hydrogen and green fuels to decarbonise hard-to abate sectors in heavy industry and transport, we will create a truly integrated decarbonisation solution delivering low-cost, renewable power. We believe our bids represent a significant contribution to achieving Scotland’s ambitious climate change targets and will underpin the country’s renewable energy economy for generations.”

Duncan Clark, Head of Region UK for Ørsted is looking forward to bringing to bear Ørsted’s decades of experience to support the growth of the offshore wind industry and its supply chain in Scotland. This includes a commitment to work with Scottish ports and suppliers to develop infrastructure and a supply chain that will enable Scotland to establish itself as a leading player in the global offshore wind market:

“Scotland undoubtedly has some of the best offshore wind resources in the world. The ScotWind leasing round is a pivotal moment for the development of the offshore wind sector in Scotland, capitalising on its superb offshore wind potential and world-leading offshore engineering and contracting capabilities, unlocking investment that will create jobs and opportunities for Scottish businesses for generations.

Ørsted is the global leader in developing, constructing, and operating offshore wind farms. On the road to becoming the global leader we have gained deep experience in the unique skill-sets required for consenting and constructing offshore wind farms and have a proven track record of delivering on time and on budget. In building and equipping our teams in Scotland, we will use this experience to deliver large-scale projects into operation by 2030 in line with the Scottish Government’s target of 11GW of installed offshore wind by this date.

Indeed, we’ve already started development works to ensure we hit the ground running – engaging with supply chain companies and with the offshore wind clusters. We’ve been extremely encouraged by the conversations we’ve had to date and see a range of opportunities to build the Scottish supply chain so Scottish businesses benefit from the step-change in offshore wind ambition that ScotWind will deliver and to ensure that Scotland’s offshore wind industry will continue to develop and thrive for decades to come.”

Exciting new technologies such as floating wind are key to Ørsted’s proposals, with floating foundations deployed at scale alongside fixed-bottom turbines, helping to deliver the optimal scale for commercial development of floating wind and help on its journey of becoming cost-competitive. These floating offshore wind projects would be developed on an accelerated timeline to deliver green power for Scotland and are part of an integrated strategy to build up Scotland’s floating wind portfolio, as the technology develops, alongside the gigawatt scale floating wind only projects we are proposing alongside Falck Renewables and BlueFloat Energy. This pipeline of Scottish floating wind projects will reinforce Scotland’s status as a global leader in floating wind.

Ørsted plans to develop renewable hydrogen projects in Scotland using some of the electricity from the proposed offshore wind farms.  Ørsted is already developing renewable hydrogen projects across Europe and in the UK which will help replace fossil fuels in the maritime, aviation, heavy road transport, refinery and steel sectors. The company is looking forward to helping Scotland benefit from an industry that by 2045 could be worth up to £25 billion a year to the Scottish economy.

Ørsted’s proposed investment in Scotland would also help drive the growth of a world class Scottish supply chain. In the past five years alone, Ørsted has placed major contracts with nearly 100 suppliers across the UK, with many hundreds more supported throughout the wider supply chain. The company has also worked with over 30 UK-based companies to export their goods and services from the UK to support Ørsted’s global offshore wind farm portfolio, including Scottish companies working on projects in Taiwan, Germany and the USA. Scotland is particularly well placed to benefit from floating projects due to its expertise in subsea engineering and deep-water operations.

Credit: Ørsted

Tags: EnergyMarineOffshore windØrstedScotlandWind Energy
Previous Post

Heathrow partners with British Airways to make net-zero flying a reality

Next Post

COSCO SHIPPING Ports Will Acquire 35% Shares of Container Terminal Tollerort

MTB Editor

MTB Editor

Next Post
COSCO SHIPPING

COSCO SHIPPING Ports Will Acquire 35% Shares of Container Terminal Tollerort

Upcoming MTB Events

MTB Marine Americas - Miami
08 - 11 March 2023

MTB Marine Americas 2023

Miami Marriott Dadeland, 9090 S Dadeland Blvd, Miami, FL 33156, United States

View Detail
MTB Marine Asia 2023
12 - 15 April 2023

MTB Marine Asia 2023

Grand Hyatt Seoul, Grand Hyatt Seoul

View Detail
MTB Aviation Asia 2023
10 - 13 May 2023

MTB Aviation Asia 2023

Grand Hyatt Erawan, Bangkok, 494 Rajdamri Road, Bangkok, Thailand, 10330

View Detail
MTB Aviation 2023
07 - 10 June 2023

MTB Superyachts 2023

Radisson Blu Resort & Spa, Malta Golden Sands, Radisson Blu Resort & Spa, Malta Golden Sands

View Detail
MTB Aviation 2023
06 - 09 September 2023

MTB Aviation 2023

Radisson Blu Resort & Spa, Malta Golden Sands, Radisson Blu Resort & Spa, Malta Golden Sands

View Detail
MTB Workboats 2023
20 - 23 September 2023

MTB Workboats 2023

Hyatt Regency, Dubai, Deira, P.O. Box 5588, Dubai, United Arab Emirates

View Detail
Munich
11 - 14 October 2023

MTB Marine Europe 2023

Munich, Munich

View Detail
MTB Workboats 2023
06 - 09 February 2024

MTB Oil & Gas 2024

Dubai, Dubai

View Detail
No event found!

  • Trending
  • Comments
  • Latest
MTB Events Launches Industry News Platform

MTB Events Launches Industry News Platform

29th December 2020
E-Boarding Gates

Launch of e-Boarding Gates at Hong Kong International Airport

26th January 2021
MTB Superyachts 2021

MTB Events is proud to announce the relaunch of live events

9th September 2021
Stansted Airport

£70m baggage system ready for take-off at Stansted Airport

25th May 2021
Adrian Dunne

Adrian Dunne appointed Executive Vice President Operations at Norwegian

26th March 2021
The IWS Fleet grows to 6 vessels on order

The IWS Fleet grows to 6 vessels on order

0
110M Kaos Redelivered at Lürssen in Hamburg

110M Kaos Redelivered at Lürssen in Hamburg

0
Newest Design of Moonen Yachts Revealed

Newest Design of Moonen Yachts Revealed

0
$75M Mariner Contract – Wood has it secured with Equinor

$75M Mariner Contract – Wood has it secured with Equinor

0
Seven Vega – Newbuild reel-lay vessel Joined Subsea 7 Fleet

Seven Vega – Newbuild reel-lay vessel Joined Subsea 7 Fleet

0
The IWS Fleet grows to 6 vessels on order

The IWS Fleet grows to 6 vessels on order

31st January 2023
ANDRITZ

ANDRITZ enters into a strategic partnership on carbon capture for the maritime industry

27th January 2023
Teesside-Airport-KLM-Saf-partnership-2

Teesside becomes UK’s first airport to sign green aviation fuel agreement

25th January 2023
BP FPSO vessel

FPSO vessel for the bp-operated Greater Tortue Ahmeyim project successfully sets sail

24th January 2023
Eitzen Group becomes majority shareholder in Høglund Marine Solutions

Eitzen Group becomes majority shareholder in Høglund Marine Solutions

23rd January 2023

MTB Events

Theta House
Doman Road
Camberley
Surrey
GU15 3DN

info@mtbevents.com
Tel: +44 1276 682898

Follow Us

Global Events Schedule

  • MTB Marine Events
    • MTB Marine Americas 2023
    • MTB Marine Asia 2023
    • MTB Superyachts 2023
    • MTB Workboats 2023
    • MTB Marine Europe 2023
  • MTB Energy Events
    • MTB Oil & Gas 2024
  • MTB Aviation Events
    • MTB Aviation Asia 2023
    • MTB Aviation 2023

Newsletter Registration

Recent News

The IWS Fleet grows to 6 vessels on order

The IWS Fleet grows to 6 vessels on order

31st January 2023
ANDRITZ

ANDRITZ enters into a strategic partnership on carbon capture for the maritime industry

27th January 2023
Teesside-Airport-KLM-Saf-partnership-2

Teesside becomes UK’s first airport to sign green aviation fuel agreement

25th January 2023
  • About MTB
  • Privacy Policy
  • Terms & Conditions
  • Contact Us

© 2022 Premium WordPress development from Strategies.

No Result
View All Result
  • Home
  • MTB Marine Events
    • MTB Marine Americas 2023
    • MTB Marine Asia 2023
    • MTB Superyachts 2023
    • MTB Workboats 2023
    • MTB Marine Europe 2023
  • MTB Energy Events
    • MTB Oil & Gas 2024
  • MTB Aviation Events
    • MTB Aviation Asia 2023
    • MTB Aviation 2023
  • Testimonials
  • Event Galleries
  • About MTB Events
    • How It Works
  • Contact Us
  • Delegate Login

© 2022 Premium WordPress development from Strategies.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist