The development organisation Opportunity North East (ONE) is planning to create a leading Energy Transition Zone (ETZ) in Aberdeen.
The project is based on using clean energy such as offshore wind, hydrogen and carbon capture and storage.
The five year build of the zone is predicted to cost £60 million. The first sections are expected to be completed in 2021.
The zone plans to work alongside city universities and the Oil and Gas Technology Centre.
The ETZ will also include servicing, assembly and manufacturing facilities for offshore wind. These facilities will hopefully bring top name brands within renewable energy to the area.
Further to this, the new development is expected to create thousands of jobs within the renewable energy sector, creating opportunities for local communities.
Sir Ian Wood, Chairman of ONE, commented
“We’ve got the opportunity in the north-east of Scotland to help balance the economy with a new industry, and at the same time, play a really significant role in one of the world’s greatest problems right now in global warming.”
To read more on the development, head over to Energy Voice