The money will serve to erect a wind farm, and a combined heat and power biomass plant

Jan 25, 2014 21:46 GMT  ·  By

Scotland is dead set on having all of its energy demands met by renewables by the year 2020, which is why it is currently investing heavily in green energy projects.

Recent news on the topic says that high officials in Scotland have given the thumbs up to two new renewable energy projects estimated to be worth about ₤390 million (€472.5 million / $646.7 million).

More precisely, the companies behind the two initiatives have both been given permission to move to the planning stage of their projects.

According to Click Green, said sum of money will serve to build both a wind farm, and a combined heat and power biomass plant.

The wind farm is set to be erected at Moy, near Inverness, and it is to be made up of 20 turbines. The wind farm is expected to have an energy generating capacity of 66 megawatts.

The combined heat and power biomass plant, on the other hand, will be built at Port of Rosyth. Its electricity output will meet the equivalent of about 40% of the Fife Council area's demand.

The same source details that the company in charge of building the wind farm is named Eneco Wind UK Ltd. All in all, this company is to invest about £65 million (€78.7 million / $107.7 million) in this project.

The combined heat and biomass plant will be considerably more expensive, and will require that its developer, Forth Energy, make an investment of £325 million (€393.7 million / $538.9 million).

Commenting on how the implementation of these two new renewables energy projects will affect Scotland, Cabinet Secretary for Finance, Employment and Sustainable Growth John Swinney stated as follows:

“Projects like this provide considerable benefits to the local community, and play an important part in helping Scotland reach its target of 100 per cent of electricity demand generated from renewables.”

“The Scottish Government wants to see the right developments in the right places, and Scottish planning policy is clear that the design and location of renewables projects should reflect the scale and character of the landscape, as well as being considered environmentally acceptable,” he added.