“Oil giants like BP and Shell as well as Iberdrola, the Spanish utility, look like the big winners in Scotland’s first offshore wind auction, whose results were announced on Monday.
If the proposed wind farms are constructed, they would triple Britain’s capacity to generate electricity from turbines at sea.
They would also advance still nascent plans to transform the Scottish North Sea region from oil and gas production into a major area for renewable electric power.
“This is not just going to be a matter of producing green power,” said Soeren Lassen, head of offshore wind at Wood Mackenzie, a market research firm. “This is fuel to build up a green economy,” he added.”
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