LONDON, July 16 (Reuters) - Oil and gas major Shell
and Iberdrola-owned Scottish Power said on Friday they
had joined forces to bid to develop large-scale floating wind
farms off the coast of Scotland.
The companies said they had submitted proposals for the
potential projects as part of Scotland's offshore wind leasing
round, called ScotWind, which closed for submissions on Friday.
Further details about the projects were not disclosed.
Other energy companies and investors have signalled interest
in the leasing round, including France's TotalEnergies,
Macquarie Group's Green Investment Group and Orsted.
The results of the ScotWind leasing round are expected to be
announced early next year.
"If our bid is successful, Shell and Scottish Power are
fully committed to working with Scottish communities and
businesses to help develop supply chains and expertise which
could make Scotland a world leader in floating wind," said Shell
UK country chair David Bunch.
Floating wind technology is suitable for use in deep water
areas where fixed foundations are not feasible. However, the
nascent industry is still investigating different technology
designs and is not yet at widespread commercial scale.
(Reporting by Nina Chestney; Editing by Edmund Blair)