Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 21 October 2022, ESB Asset Development UK Limited published the Initial Supply Chain Development Statement (SCDS) for the 500MW Sealtainn (ScotWind NE1) floating offshore wind project off Shetland. The SCDS commits Sealtainn to an ambition of spending over £830m in the Scottish supply chain, backed by firm commitments of over £330m, broken down across project stages as £106m development ambition with £76m firm, £392m manufacturing and fabrication ambition with £140m firm, £182m installation ambition with £62m firm, and £152m operations ambition with £54m firm. Subsequent analysis of these commitments indicates Sealtainn’s total projected project spend is about £2.24bn, of which only 14.8% is currently committed to be spent in Scotland.