Crown Estate Scotland has announced the results of the world's first leasing round aimed at facilitating offshore wind energy supply directly to offshore oil and gas platforms.
The leasing round, called INTOG (Innovation and Targeted Oil & Gas), aims to attract investment in innovative offshore wind projects in Scottish waters, while decarbonising North Sea operations. The process allows developers to apply for seabed rights to develop offshore wind projects that either reduce emissions from the North Sea oil and gas sector or consist of small-scale innovative projects of 100MW or less.
Thirteen projects out of a total of 19 applications, five for IN and eight for TOG, have been offered Exclusivity Agreements.
The successful applicants have been offered initial agreements called Exclusivity Agreements that enable them to start offshore wind development work while the Marine Scotland's planning process for the INTOG Sectoral Marine Plan (INTOG SMP) is completed.
Once the Sectoral Marine Plan is finalised and option agreements signed, around £262m in applicant fees will be secured, and all net revenues from Crown Estate Scotland will go to Scottish Government for public spending.
INTOG will offer a seabed lease of 50 years for TOG projects and 25 years for IN projects, covering projects with a proposed capacity of up to 499MW for IN and 5GW for TOG.
The INTOG leasing round is designed in response to demand from the government and industry to help achieve the targets of the North Sea Transition Sector Deal through decarbonising North Sea oil and gas operations and further stimulate innovation in Scotland's offshore wind sector.
The INTOG initiative provides a significant contribution to the public purse, ensures the continuing growth and development of Scotland's offshore expertise and wider supply chain, and supports a true just transition for the energy sector.