BP, EnBW Bid for Scottish Offshore Wind Lease, Promising Billions in Expenditure

By Adria Calatayud

BP PLC explained Monday that it and companion EnBW Energie Baden-Wuerttemberg AG have submitted a bid for a lease location off the east coast of Scotland that could assist offshore wind assignments with capability to deliver 2.9 gigawatts.

BP claimed a thriving bid would bring multi-billion pound investment into Scottish offshore wind assignments. The firm said its bid seeks to accelerate Scotland’s electricity changeover, and that it would spend in inexperienced-hydrogen production and accelerating the expansion of the electric-motor vehicle charging network.

Apps for the ScotWind leasing spherical, the initially round of offshore-wind leasing in Scottish waters for a decade, closed last Friday and a interval of analysis of the bids will stick to.

The BP-EnBW partnership was named as the most popular bidder for two 60-yr leases in the Irish Sea in a U.K. offshore-wind leasing round in February, marking BP’s entry to the British offshore-wind sector with a file bid.

BP executives have given that defended that financial investment towards accusations of overpaying for the leases, arguing the place is top-quality to other offshore wind projects.

Create to Adria Calatayud at [email protected]

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