Scottish wind project to boost economy by £827m

A new offshore wind farm in Scotland is expected to contribute £827.4 million to the country’s GDP. That’s according to an analysis carried out at the University of Strathclyde, which […]

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By Jonny Bairstow

A new offshore wind farm in Scotland is expected to contribute £827.4 million to the country’s GDP.

That’s according to an analysis carried out at the University of Strathclyde, which suggests the 450MW Neart Na Gaoithe project could see capital expenditure of up to £2 billion, with around £510 million of this to be spent in Scotland.

Operational expenditure is expected to total around £1.7 billion over the project’s 25-year life, with around £610 million of this to be spent within the country.

The wind farm will also support around 13,900 jobs over its construction and operation.

The majority of the jackets and piles that make up the turbine structures and half of all maintenance will be procured within Scotland.

The facility is expected to go into operation during 2021.

Jenny Hogan, Director of Policy at Scottish Renewables, said: “These new figures show the huge potential offshore wind offers to Scotland’s economy, in addition to the key role it has in tackling climate change.”

The project has proved controversial, with activists claiming it will harm wildlife.