Developing an offshore wind farm with BayWa r.e.
For more than 30 years, we have successfully delivered high-quality commercial-scale onshore wind projects around the world, capturing renewable energy in a new dimension. In order to expand our portfolio, we have been focusing on the offshore wind sector since 2019. Our aim: By developing offshore wind power projects across the world we want to deliver the highest quality renewable energy projects at scale. Within this mission, we are leveraging our existing in-house experience within the following areas:
- Project development
- Operations and management skills
- Engineering
- Financing
- Offtake
- Construction
We are active in many markets, including in the United Kingdom, France, Italy, and Australia.
In Scotland, our consortium comprised of BayWa r.e., Elicio and BW Ideol is developing the Buchan Offshore Wind project, currently in its scoping stage.
With many years of experience in onshore wind energy – now it is time to apply our innovative mindset, collaborative approach and project realisation expertise in the offshore wind sector.
Our offshore activities in the UK
BayWa r.e. is one of the partners developing the Buchan Offshore Wind project. In 2022, the consortium of Elicio, a Belgian offshore wind developer, owner and operator, and BW Ideol, an international floating wind technology provider, and BayWa r.e. secured the right to develop the NE8 area in the ScotWind tender, which was launched by Crown Estate Scotland.
Through its participation in this partnership, BayWa r.e. brings many skills and capabilities to Scotland such as significant project development and asset management skills, expertise on the environmental and consenting process, expertise on environmental risks and constraints, advice on onshore planning and cable routing, stakeholder engagement as well as the support of its experienced offshore wind team members who have over 30 GW of offshore wind experience in development, construction and operation .
You can find out more about Buchan Offshore Wind here:
- Key figures
- Capacity: 960 MW
- 65 floating offshore wind turbines
- Located 75 km northeast of Fraserburgh
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Local supply chain and community engagement
- Visiting the local supply chain: mooring, ropes, slipform, ports;
- Buchan Offshore Wind joined the PowerHouse to commit to delivering training modules needed to develop skills for floating offshore wind within the region.
- Buchan Offshore Wind supports the UHI STEM initiative.
- Buchan Offshore Wind supported the Peterhead Scottish Week.
- Buchan Offshore Wind sponsored the Best of Buchan Awards
- Beach Clean on the Aberdeenshire coast.
Offshore Wind in Scotland: a huge potential
Offshore Wind is meant intended to be one of the main renewable sources in the next ten years. It will play a major role in decarbonising our energy mix in the UK.
Scotland has a huge potential to lead the development of offshore wind by being the largest market for installed offshore wind capacity in Europe and the 2nd largest in the world. The British government has an ambition for offshore wind deployment of up to 50 GW 2030 to reach its net zero objectives by 2050.
We have a key role to play in order to support the transition to clean, renewable energy: the industry and local stakeholders must be prepared.
Why are offshore wind farms interesting for investors?
Offshore wind power represents an established and high growth market, which offers significant potential for experienced investors, developers and operators.
Already, offshore wind turbines accomplish an important contribution for generating power in Europe. Globally, 2019 was a record year for this technology, and it is expected to play a major role in the economy’s recovery post COVID. Offshore wind power is forecast to become the largest source of electricity in the EU by 2040.
Are you sharing our vision of a green future?
With the development of offshore wind farms we would like to provide a further contribution to accomplish the green energy revolution. It is our goal to implement highest quality projects within the area of renewable energy to realise our vision of an environmentally friendly future.