BP and EnBW in £10bn Scots offshore wind bid

BP and Germany’s EnBW said on Monday they have submitted a joint bid for Scottish offshore wind acreage in the ScotWind leasing round which could support wind projects with 2.9 gigawatts of capacity.

BP said it would make Aberdeen its global offshore wind centre of excellence to support its growing portfolio of offshore wind interests across the world.

Crown Estate Scotland’s ScotWind wind leasing tender is its first for 10 years and is aimed at supporting the development of around 10 gigawatts of offshore capacity.

BP said its joint bid with EnBW represented a potential £10 billion investment into Scottish offshore wind projects and support infrastructure including ports, harbours and shipyards.

“The consortium has applied for a lease area off the east coast of Scotland that could support offshore wind projects with 2.9 gigawatts (GW) generating capacity,” said BP.

“But the bid seeks to go far beyond developing wind power and aims to accelerate Scotland’s entire energy transition – from producing clean power to using it in new industries …

“A successful bid would bring multi-billion pound investments into Scottish offshore wind projects and supporting infrastructure, including ports, harbours and shipyards.

“BP also would use its unique integrated business model to invest in net zero industries, including green hydrogen production and significantly accelerating the expansion of Scotland’s EV charging network …

“BP would also make Aberdeen its global offshore wind centre of excellence, supporting its growing portfolio of offshore wind interests across the world.

“This further supports Scotland becoming a global leader in offshore wind, developing leading sector capabilities that are exportable worldwide …

“BP, EnBW and Forth Ports have already signed a Heads of Terms agreement with a financial commitment that will supplement Forth Ports’ £40 million investment in their planned Renewables Hub at the Port of Leith …

“It represents a significant contribution to the development of Scotland’s offshore renewables infrastructure.

“This will create new opportunities and long term, high quality jobs, supporting Scotland’s economic recovery and energy transition plans and the achievement of the country’s net zero carbon emissions targets.

“BP and EnBW would also support and invest in a new skills capability accelerator developed by energy consultancy Xodus which will provide on-the-job project experience and formal learning.

“The five-year, multi-million financial commitment includes creating entry-level energy transition roles, and the reskilling of hundreds of oil and gas workers, graduates and technicians with renewable sector capabilities.

“Together, these investments would support thousands of jobs in the Scottish energy sector and supply chain, and develop new energy transition jobs, skills and capabilities.”

Dev Sanyal, BP’s executive vice president for gas and low carbon, said: “Through our bid we aim to do far more than only develop offshore wind – we believe it can help fuel Scotland’s wider energy transition.

“We want to harness the clean power from Scotland’s offshore wind and use our capabilities as an integrated energy company to accelerate the country’s EV charging network, build its hydrogen offering and strengthen its supporting infrastructure, including ports and harbours.

“This will all take the right skills and abilities.

“The bid would build on Scotland’s deep experience in offshore oil and gas, equipping its workforce and supply chain with renewable capabilities, including creating apprenticeships, and supporting thousands of jobs.

“All of this is aimed at helping generate community wealth and creating a just transition in which people and communities do not get left behind.

“BP has proudly been in Scotland for a century.

“We believe this bid has the power to support a resilient clean energy future for Scotland for the next century and beyond.”

Georg Stamatelopoulos, chief operating officer of generation and trading at EnBW said: “Our bid combines our established competence in offshore wind and bp’s leading North Sea experience.

“EnBW will bring its engineering know-how and track record as one of the leading offshore wind developers into the Scottish market.

“We are very keen to successfully further develop this project. Last year, we completed the largest German offshore wind project and are very confident in dealing with the complexity of this industry.

“With this background, we are looking forward to supporting a clean energy future for Scotland.”

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Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.