AHB RESPONSE TO ENERGY TRANSITION FUND ANNOUNCEMENT

Aberdeen Harbour Board supports the announcement from Scottish Government on their plans to create a £62m Energy Transition fund.

Aberdeen Harbour Chief Executive, Michelle Handforth, said: “Aberdeen Harbour welcomes the launch of such a significant funding initiative, at what is a critical time for the energy sector.

"We were particularly pleased that the Energy Transition Zone, due to be located adjacent to our South Harbour development, was specifically identified by the government as a project which will be considered for funding.

"We continue to work with our customers and partners, including Opportunity North East, OGTC, Aberdeen City Council and OGUK, on developing the business case for an Energy Transition Zone adjacent to South Harbour.

"We believe the expanded port of Aberdeen will attract large scale renewables projects, such as offshore and floating wind, to the North East of Scotland, providing a catalyst for world-class technological innovation.

"This will ensure we play a pivotal role in the emergence of green economic growth in the wider maritime economy, where the potential for alternative fuels, such as green hydrogen, and for quayside electrification is now being developed.”

Since its inception in 2012, Aberdeen Harbour Board have long proposed that the South Harbour development would have the capacity to unlock the capability of the North East to attract large scale renewables projects, to support decommissioning across the North Sea and to open the North East of Scotland to large-scale cruise and international shipping business.