Cerulean Winds have announced they are looking for support for a substantial floating wind and hydrogen development, with which to provide power for UK Offshore oil and gas field centres.
Being heralded as a ‘mega-project’ due to its size, the project carries an estimated cost of £10 billion and will provide sufficient power to reduce 20 MM metric tons of CO2 currently emitted by the UK offshore industry.
Cerulean Winds have announced they have contractors committed to delivering the project and have made their formal requests for leasing the required seabed leasing to Marine Scotland.
Here’s what is included in the proposal:
- West of Shetland and in the UK central North Sea will be the sites for more than 200 of the largest floating turbines providing power to offshore oil and gas facilities
- Ability to power most of the current facilities on the UK continental shelf, to reduce emissions exceeding current targets.
- Without any upfront costs to operators the project will supply green power to offshore platforms at a price beneath that of current gas turbine generation.
- Green hydrogen development once at scale has potential to create £1 billion hydrogen export.
Cerulean is projecting achieving the energisation phase of the project in 2024, with financial closure in Q1 2022.
