Flotation Energy
The world's largest commercial floating wind farm, the 560MW Green Volt project, is being developed in Scotland by Flotation Energy, a wholly owed subsidiary of Japan's TEPCO (Tokyo Electric Power Co). The project is one of the INTOG (Innovation and Targeted Oil and Gas) lease sites linked to de-carbonising production energy on oil and gas facilities in the North Sea. The company aims to tap Scotland's oil and gas supply chain skill set to help deliver their floating wind project.
Flotation Energy have secured planning permission for Green Volt from the Scottish Government and a Contract for Difference award from UK Government and aim to have the project operational by 2027/28.
“Green Volt has cemented that it’s becoming a project that is going to be delivered by companies with an oil and gas track record, utilising many oil and gas contractors on a decommissioned oil and gas field in the North Sea. It’s gone back to its roots.”
Matt Green, Project Director