Scotland

The 450MW Neart na Gaoithe (NnG) offshore wind farm project is located off the east coast of Scotland. Mainstream Renewable Power has been developing this project since 2008.  It was awarded the development rights for the site from The Crown Estate (TCE) in February 2009.  Visit the project website here.

This £2bn project is capable of supplying all the homes in a city the size of Edinburgh with clean energy. It will create around 2,000 Scottish jobs for every year of construction and around 236 Scottish jobs for each year during the lifetime of the project – 25 years.  NnG’s impact on Scottish GDP (in 2016 terms) is equivalent to 0.6% of the country’s onshore GDP, or £827m over the lifetime of the project.

In August 2017, the NnG Offshore Wind Coalition was launched and has doubled in size since then to some 43 supply chain companies highlighting the economic benefits of the project.  Learn more about the Coalition here.

Timeline to commercial operation
Mainstream anticipates NnG will achieve financial close in 2018 with construction starting in 2019 and first commercial supply of electricity occurring in 2021.

 

 

Contract for Difference
In February 2015 the project was awarded a Contract for Difference (CfD) by the Low Carbon Contracts Company. The CfD, which was awarded under a highly competitive tendering process, gives the wind farm an inflation-linked strike price for the electricity it produces for a period of fifteen years. NnG was one of only two offshore wind farms to succeed and win a CfD contract through this auction process in early 2015.

Funding
Mainstream continues to progress discussions with a number of interested parties (including international equity investors, commercial banks, the European Investment Bank and Export Credit Agencies) to provide the funding to take the wind farm to financial close and into construction.

Supply Chain
Mainstream is in the process of selecting Tier 1 supply chain partners with proven track records of innovation and execution, to deliver NnG using best available engineering techniques.

Innovation
Mainstream is a highly innovative, independent developer of offshore wind and is responsible for showcasing a number of disruptive technologies, such as the twisted jacket foundation and the floating lidar (FLiDAR) pictured right.

Project facts
Neart na Gaoithe means “Strength of the Wind”.

  • When fully operational, it will generate enough electricity to power over 325,000 households. This is equivalent to the domestic electricity needs of its closest city, Edinburgh.
  • The closest turbine will be 15.8 kilometres from the shore.

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