Offshore renewables developer Cerulean Winds has revealed it will bid for four seabed lease sites to decarbonise the UK’s oil and gas sector.
The developer’s floating offshore wind and green energy proposal for Crown Estate Scotland’s Innovation and Targeted Oil and Gas leasing round (INTOG) includes four 1.5GW floating wind sites.
Each 100-turbine scheme could require “well over” £6bn in investment.
Cerulean Winds, with its selected delivery partner NOV, has been engaging the supply chain for over 18 months and has a live request for information (RfI) with UK yards for the fabrication and assembly of its tri-floater technology.
The steel floating bases would constitute hundreds of thousands of tonnes of steel, which unlike cement fixtures, can be floated out from shore.
Cerulean said its projects would create over 10,000 jobs, many of which would be high value manufacturing jobs in Scotland as a “new generation” of automated and hi-tech fabrication and assembly is established.
Dan Jackson, founding director of Cerulean Winds, said: “We have a big, bold bid, which is ready to go on scaling the green economy, creating thousands of jobs and making Scotland’s oil and gas production the cleanest in the world.
“The scale we are proposing makes the project economics appealing for providing affordable green power to the platforms to replace gas and diesel generation through a combination of green electrons from wind and molecules from hydrogen.
“We are absolutely committed to the local supply chain benefitting from this development and far surpassing local content targets.
“Our base structure design can be floated in very shallow water depths suitable for the UK, unlike alternative cement floating wind structures which require 90 metres so can’t be built here.”
A consortium of tier one contractors are in place as well as a number of industrial and financial partners, leading financial services groups Société Générale and Piper Sandler.
The development requires no subsidies so there is no expectation on the public purse.
INTOG is for a “very specific purpose and cleaning up the oil and gas industry does not need to be subsidised by the taxpayer”, said Cerulean.
Jackson added: “There is a lot of concern about rising energy prices and energy security.
“Wind and green energy at this scale are a big part of the solution. We are engaging with oil and gas operators and can see the appetite is there to get behind cleaning up production, and we can deliver in a way that minimises disruption.”