The winning bids – and the prices paid – are expected to be announced at 10am today. Photograph: Xinhua/Alamy
Scotland’s largest-ever auction of permits to construct offshore windfarms is expected to raise up to £860m when the results are announced today.
Crown Estate Scotland, which is running the auction, hopes that windfarms with as much as 10 gigawatts of new generating capacity will be built over the next decade, effectively doubling the amount of electricity generated in Scottish waters in a transition which has the potential to create tens of thousands of jobs.
The programme, known as ScotWind, has attracted frenzied interest from domestic and international bidders, and could set new records for values placed on the plots of seabed being leased for turbines.
Scotland’s largest-ever auction of permits to construct offshore windfarms is expected to raise up to £860m when the results are announced on Monday.
Crown Estate Scotland, which is running the auction, hopes that windfarms with as much as 10 gigawatts of new generating capacity will be built over the next decade, effectively doubling the amount of electricity generated in Scottish waters in a transition which has the potential to create tens of thousands of jobs.
The programme, known as ScotWind, has attracted frenzied interest from domestic and international bidders, and could set new records for values placed on the plots of seabed being leased for turbines. The Guardian - link - Julia Kollewe - link - more like this (Scotland) - link - more like this - link
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