and currently has over 40 operational windfarm sites generating over 2.5GW of renewable energy.

The joint ventures with Shell join other offshore wind transactions carried out by Iberdrola in recent years which have allowed the development of wind farms in the Baltic Sea (Wikinger, Windanker, Baltic Eagle), the North Sea (East Anglia ONE, Flagship), the Irish Sea (West of Duddon Sands), the coast of Massachusetts (Vineyard Wind, Park City Wind, Commonwealth Wind) and the coast of Brittany in France (Saint Brieuc). Iberdrola has operational assets, pipeline and other early stage developments of approximately 35 GW in the UK, US, Germany, France, Poland, Sweden, Norway, Taiwan, Japan, Korea and Brazil.

Iberdrola operates 37.4 GW of renewables across the world and has a pipeline of over 81.5 GW of renewable projects.

EA ONE provided £30 million investment for new or improved operations, maintenance and port facilities across the East of England and supported almost 3,500 jobs at the peak of construction as well as 100 long-term skilled jobs at its operations and maintenance base over the lifetime of the project. More than half the project’s supply chain was provided by the UK market, with more than £75 million committed to local suppliers. A dedicated skills outreach programme engaged more than 4,200 young people in East Anglia.

ScottishPower is a Principal Partner for the COP26 United Nations Climate Change Conference. It is developing an energy model that will play a significant role towards reaching the UK’s world-leading climate change targets and is investing a total of £10 billion between 2020-2025 in the clean energy generation and networks infrastructure needed to help the UK decarbonise and reach Net Zero emissions.

www.scottishpower.com (opens in a new window)

local supply chain Shell has also supported more than 3,000 jobs in the Scottish services sector.

Today Shell has deployed or is developing more 6 gigawatts of wind power generation capacity across North America, Europe, the UK and Asia.

Shell is already developing floating wind projects in Ireland, France, Norway and South Korea. In 2021, we signed an agreement with Simply Blue Group to acquire a majority share of their Western Star venture, which aims to build a floating wind farm off the Clare coast of Ireland. We also have a similar agreement with the group to jointly develop the Emerald floating wind project off the south coast of Ireland. We have acquired EOLFI, a French renewable energy developer specialising in floating wind power. Shell is a major shareholder in TetraSpar (Shell interest 46.2%), which is developing an innovative floating wind demonstration project off the coast of Norway. We are also developing a project with CoensHexicon that could bring 1.4 GW of floating wind power to South Korea.

Globally, Shell is building an integrated power business that will provide customers with low-carbon and renewable energy solutions. Shell Renewables and Energy Solutions spans trading, generation and supply. We offer integrated energy solutions including hydrogen, solar, wind and electric vehicle charging at scale, while buying nature-based carbon credits and using technology to capture emissions from hard-to-abate sectors of the energy system.

Shell’s target is to become a net-zero emissions energy business by 2050, in step with society. For more information on its net-zero emissions customer-first strategy visit here.