Scottish oil industry know-how 'could slash offshore wind costs'

PICTURE OF THE FIRST TALISMAN ENERGY OFFSHORE WIND TURBINE LEAVING THE CROMARTY FIRTH ON ITS WAY TO THE BEATRICE OIL FIELD ..PIC DEREK IRONSIDE.ISSUED ON BEHALF OF TALISMAN ENERGY..

Installation is one area said to offer crossover benefits from oil to offshore wind

The expertise of Scotland’s oil and gas industry could help slash at least 20% from the cost of offshore wind operations thanks to a significant potential crossover between the two sectors, according to Scottish Enterprise.

A guide developed by the business group to highlight opportunities for the oil sector in wind estimates that its supply chain could deliver £330m ($513m) of savings over the life-cycle of a typical offshore project.

Potential areas of crossover between the two sectors have been identified – such as installation, personnel transfer and operational and maintenance activities – where the expertise in the oil sector could significantly reduce project development times and operational costs.

Scotland’s First Minister Alex Salmond says: “Inward investment announcements over the last year have underlined Scotland’s position as a Log in to read complete article.

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