Page 14 - AsiaElec Week 45 2022

AsiaElec RENEWABLES AsiaElec

Japan’s TEPCO teams up with

Scottish offshore wind company

JAPAN ONE of Japan’s biggest companies is teaming up said Masashi Nagasawa, TEPCO Renewable
with Scottish offshore wind developer Flotation Power’s president.
Energy. A subsidiary of Tokyo Electric Power Flotation Energy executives were involved in
Co. (TEPCO), Japan’s largest electricity utility, is developing the world’s largest floating offshore
for the first time venturing into overseas offshore wind project, the 50-MW Kincardine, off the
wind markets. north-east of Scotland. Floating wind has great
TEPCO Renewable Power will buy a 100% potential – it is typically built where waters are
stake in Flotation Energy, of Edinburgh, for an deep – but is still a nascent sector.
undisclosed sum. TEPCO Renewable Power This is not the first entry of a Japanese com-
plans to develop 2-3 GW of offshore wind and pany into Scottish floating wind. In recent news,
2-3 GW of hydro projects by 2030. surveyors now say that the Ossian – also in the
Flotation Energy, established in 2018, has North Sea off Scotland – could now be 3.6 GW
interests in several in-development projects rather than the originally planned 2.6 GW.
off the UK, Morecambe in the Irish Sea (bot- The project is owned by SSE of Scotland, the
tom-fixed, 480 MW) and White Cross in the Japanese conglomerate Marubeni and Den-
Celtic Sea (floating offshore, 100 MW). In total, mark’s Copenhagen Infrastructure Partners. It
it is developing 13 separate projects comprising would be one of the world’s largest floating pro-
more than 12 GW of offshore wind farm capac- jects and could power 6mn homes, far more than
ity across the UK, Ireland, Taiwan, Japan and the population of Scotland.
Australia. “This [capacity] change would position the
“Flotation Energy’s experience and knowl- project among the top five largest floating pro-
edge of the world’s biggest floating offshore wind jects in the world, demonstrating its epic scale,”
development and their global network will vastly said David Willson, senior project manager for
accelerate the development of our offshore wind Ossian.™
business both domestically and internationally,”

P14 www. NEWSBASE .com Week 45 08•November•2022