The Telegraph
Shell and Scottish Power plot giant, floating offshore wind farm
Shell and Scottish Power are joining forces to develop what could be the world’s first large-scale floating wind farms off Scotland’s north-east coast.
The FTSE 100 oil and gas giant and the subsidiary of Spain’s Iberdrola have jointly submitted “multiple proposals” to Scotland’s first offshore wind leasing round in a decade.
Shell and Scottish Power are keen to boost their presence in a booming renewable power market as economies around the world try to slash carbon emissions. Shell is also under acute pressure to show it is cutting its reliance on fossil fuels.