November 9, 2021
Capturing more benefit
In many respects, onshore renewable energy remains a missed opportunity for the community sector. A relatively small number slogged their way heroically all the way through to financial close, and while these energy pioneers will undoubtedly bear the scars, they’re hopefully now also reaping significant rewards. Now offshore wind looms large and opportunities abound. Community Land Scotland is leading on some discussions with the Scottish Government to develop a Community Wealth Fund – think Norwegian Sovereign Wealth Fund (but without the oil) – from seabed leases. And Energy4All has ideas for how communities might secure a tangible stake in offshore energy production
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As part of Scotland’s targets to move towards producing more green energy for a net zero future a competitive tender for the next generation of offshore wind energy is currently underway. This will result in some of the largest wind farms in the world off the Scottish coast and is an ideal opportunity for Scotland’s communities to get involved. Falck Renewables, Ørsted and BlueFloat Energy who together are bidding for the rights to build offshore wind farms have asked Energy4All to gauge the opinion of the people of Scotland on community ownership of offshore wind farms.
Community ownership is a way for people to come together to finance owning renewable energy schemes, boosting the local economy and using the profits for the benefit of the community.
We want to find out if you think community ownership of offshore wind is a good idea, if you’d want to be involved and how you think this should happen.