Cerulean Winds has signed three floating wind exclusivity agreements as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.
These agreements pave the way for the creation of the North Sea Renewables Grid, a basin-wide green power generation and transmission system that will supply energy to oil and gas assets.
At the same time the multi-billion pound project will provide early opportunities to the domestic floating wind supply chain.
Cerulean is already in the process of putting the necessary contracts in place to deliver the North Sea Renewables Grid, and the project is progressing through the development phase.
Co-founder and director of Cerulean Winds Dan Jackson said: “This is a huge milestone in the creation of the North Sea Renewables Grid and we are incredibly grateful to Crown Estate Scotland for their support as we move to the next phase in delivering floating wind at an unprecedented scale in the UK.
“FEED work will begin in earnest with our Tier 1 delivery consortium setting up the packages of supply chain contracts in 2024 that will allow us to build out this development.