We’re developing the grid-connected Green Volt floating offshore wind farm to deliver reliable, renewable electricity to oil and gas platforms as well as the UK grid. Allowing the full retirement of existing offshore power generators, Green Volt will reduce the carbon emissions from the platforms’ diesel and gas generators by over 80%.
When operational in 2029, Green Volt expects to be one of the world’s largest offshore floating windfarms and promises to be a landmark opportunity for Scotland and the UK economy. Green Volt will lead to billions of pounds of investment and thousands of skilled jobs – securing Scotland’s leadership in floating offshore wind.
Delivering Net Zero
The project is a major contributor towards delivering the goals of the North Sea Transition Deal, signed by HM Government and the UK oil and gas industry in 2021. The Transition Deal mandates reductions in emissions from oil and gas production that can only be achieved by using low carbon electricity to power offshore facilities.
The location of the project in the vicinity of oil and gas fields and associated infrastructure presents a unique opportunity and Green Volt has the potential to contribute to the Net Zero targets and to play a role in decarbonisation of the UK economy. Green Volt is deliverable now and is essential if Scotland is to be successful in delivering to its Net Zero targets.
Boosting UK energy security
Green Volt windfarm will be designed to outlast the estimated remaining life of those oil and gas assets it supports, and at the end of field life, exports to the UK grid will as such, increase. Green Volt will then provide renewable power to the UK grid for many decades to come.
Timeline
Flotation Energy was early to recognise the huge opportunity for decarbonising offshore power generation with floating wind technology. Its founders were involved in pioneering projects involving the world’s first electrification of an oil and gas platform as well as conceptualising and delivering Kincardine, the world’s first and largest grid-connected floating windfarm, off the Aberdeenshire coast, Scotland.
2019 - As construction of the Kindardine offshore floating wind farm kicked off, Flotation Energy identified and area within the UK Continental Shelf (UKCS) where there were platforms positioned with long field lives and high electrical loads. This area was deemed an optimal starting point to help make a significant contribution to the North Sea Transition Deal – by replacing large scale, inefficient gas-fired power generation with renewable electricity from offshore wind.
2020 – Flotation Energy begins environmental surveys on a redundant oil and gas field in the area, which is in the process of being decommissioned. The brownfield site is confirmed as an exceptional opportunity to create an offshore floating wind farm, with water depths of 90-100m and high-quality wind resource.
2021 – Flotation Energy works with regulators to understand the potential for project “Green Volt”, a project aimed to decarbonise offshore power generation for oil and gas platforms in the North Sea. Flotation Energy completes and submits an Environmental Scoping report to Marine Scotland, reaching the first major milestone in the Marine Consent process. Crown Estate Scotland announces a new leasing round for Innovation and Targeted Oil and Gas Decarbonisation (INTOG).
2020 – Flotation Energy begins environmental surveys on a redundant oil and gas field in the area, which is in the process of being decommissioned. The brownfield site is confirmed as an exceptional opportunity to create an offshore floating wind farm, with water depths of 90-100m and high-quality wind resource.
2021 – Flotation Energy works with regulators to understand the potential for project “Green Volt”, a project aimed to decarbonise offshore power generation for oil and gas platforms in the North Sea. Flotation Energy completes and submits an Environmental Scoping report to Marine Scotland, reaching the first major milestone in the Marine Consent process. Crown Estate Scotland announces a new leasing round for Innovation and Targeted Oil and Gas Decarbonisation (INTOG).
In November 2022, Flotation Energy and Vårgrønn submitted a leasing application under the INTOG Leasing Round, for two projects, Green Volt and Cenos, which if approved, are to be developed within the identified area within the UKCS.
In March 2023 Flotation Energy and Vårgrønn are awarded exclusivity to develop up to 1.9 GW of floating offshore wind in Scotland under the INTOG leasing round for their Green Volt and Cenos projects.
In January 2023 the Offshore consent application was submitted to the Scottish Government Marine Directorate.
In August 2023 the Onshore planning application was submitted to Aberdeenshire Council.
In January 2023 the Offshore consent application was submitted to the Scottish Government Marine Directorate.
In August 2023 the Onshore planning application was submitted to Aberdeenshire Council.
A sequence of significant funding and investment milestones will be met, initially with the INTOG Option Agreement stage, followed by the Contracts for Differences scheme application to support low carbon electricity generation. In tandem with this the remaining work packages will be commercially defined in the lead-up to the Final Investment Decision at the end of the year.
Benefitting from the advance engineering and commercial strategy employed, contracts will be executed to deliver a range of manufacturing and final engineering activities. This phase will conclude with serial manufacture and assembly of floating wind turbine packages that maximises use of Scottish infrastructure along with supply-chain capabilities.
A commissioning program to install the floating wind turbines and associated transmission facilities will be executed over the course of the year to deliver Project Green Volt. Subsequently oil and gas assets will be able to access renewable electricity, replacing power generated by offshore gas fired power generation, in addition to exporting surplus electricity to the UK grid. Taken together, the project mitigates emissions equivalent around 1 million tonnes of CO2 each year.