Crown Estate Scotland expects its gross revenue for 2021-22 be just over £26m, an increase from £21m for 2020-21, due to an increase in offshore wind turnover as production starts at sites.
In its 2021-22 Business Plan the agency said its work during this year is anticipated to generate an estimated £12m for the Scottish Consolidated Fund for public spending, a figure that could be “considerably greater” depending on option fee income for ScotWind seabed lease sites.
Crown Estate Scotland has set a March 2022 delivery date for several offshore renewables-related in the latest business plan.
These include advancing opportunities for investment in ports to help unlock the potential of the “Blue Economy”, including in offshore renewables, implement seabed agreements for offshore wind schemes as they progress through development and towards operation.
Crown Estate Scotland said it will deliver a programme of work to help “maximise and enable” the full potential of offshore wind in Scotland.
Measures, for example, include exploring ports and harbour investment opportunities, enabling environmental studies, activity to address barriers to floating wind development, O&G electrification and green hydrogen, engagement with stakeholders on key policy issues and involvement with Scottish Offshore Wind Energy Council (SOWEC) and the UK-wide Offshore Wind Evidence and Change (OWEC) Programme.