Royal Dutch Shell has joined forces with Scottish Power are embarking on a joint venture to create the world’s first large-scale floating offshore windfarms.
Planned to built off the coast of Scotland, the new offshore wind turbines are a new technology as they are able to be built in deeper waters than traditional wind turbines.
David Bunch, Shell’s UK country chair, said that the plan could lead to becoming “a world leader in floating wind”.
Shell isn’t the only oil company that is leaning towards greener energy. BP is building two large windfarms off the coast of Wales and Norway.
The Green party co-leader, Jonathan Bartley, said: “The boom in value of the right to develop offshore wind is so welcome – a signal that the transition away from fossil fuels is happening at speed. But we need to ensure that the value of this national resource is shared fairly and invested for all our futures.”