Green Industrial Strategy

Footnotes

1 Analysis shows that with the right policy support, the number of low carbon energy production jobs is estimated to rise from 19,000 in 2019 to 77,000 by 2050 as the result of a just energy transition, meaning there will be more jobs in energy production in 2050 than there are now. Source: EY, 2023, Publication of the outputs from a programme of work to better understand our energy requirements as we transition to net zero - Energy system and Just Transition: independent analysis - gov.scot (www.gov.scot)

2 Economic opportunities in Scotland’s net zero and climate adaptation economy | Climate XChange

3 A Trading Nation – framework to grow Scotland’s renewables exports - gov.scot (www.gov.scot)

4 Economic opportunities in Scotland’s net zero and climate adaptation economy | Climate XChange

5 https://scottish-enterprise.com/media/e5vlpm4u/the-economic-impact-of-scotlands-energy-transition.pdf

6 https://www.thebank.scot/portfolio

7 Energy Statistics for Scotland - Q4 2023 - gov.scot (www.gov.scot)

8 Global Wind Report 2024 - Global Wind Energy Council (gwec.net)

9 Ostend energy ministers’ declaration on the North Seas as Europe’s green power plant (publishing.service.gov. uk)

10 According to the First Minister’s Investor Panel Report (2023): Investor Panel: Mobilising international capital to finance the transition to Net zero - gov.scot (www.gov.scot)

11 Potential pipeline at July 2024 is 40.2 GW (9.8 GW from the renewable energy planning database, REPD) 4.7 GW INTOG and 25.6 GW ScotWind)

12 https://assets.publishing.service.gov.uk/media/66043060f9ab410011eea3e2/ET_6.1_MAR_24.xlsx

13 https://www.crownestatescotland.com/scotlands-property/offshore-wind/scotwind-leasing-round

14 https://www.crownestatescotland.com/sites/default/files/2023-11/INTOG_FIO_Map%20and%20Applicant%20Listing_24Nov2023_0.pdf

15 Supply-Chain-Capability-Analysis_092023.pdf (owgp.org.uk)

16 Offshore Wind Industrial Growth Plan - 2024 (ymaws.com)

17 ScotWind leasing round | Crown Estate Scotland

18 Energy Trends: UK renewables - GOV.UK (www.gov.uk)

19 240613_Scotland_2030_Pipeline_Analysis_June_2024_original.pdf (scottishrenewables.com)

20 Onshore Wind Sector Deal for Scotland (www.gov.scot)

21 Economic opportunities in Scotland’s net zero and climate adaptation economy (climatexchange.org.uk) p27

22 Maximising circularity in the wind industry - BVG Associates

23 Assessment of the structure, conduct and performance of Scotland’s onshore wind, offshore wind and hydrogen sectors (climatexchange.org.uk)

24 Full SIM Stage 2 List published | HIE (offshorewindscotland.org.uk)

25 https://www.theccc.org.uk/publication/2023-progress-report-to-parliament/

26 CCUS-Delivery-Plan-Update-2023-FINAL.pdf (ccsassociation.org)

27 Scottish Government calculation based on:

• Bentham, M, Mallows, T, Lowndes, J, and Green, A. 2014. CO₂ Storage Evaluation Database (CO₂ Stored). The UK’s online storage atlas. Energy Procedia, Vol. 63, 5103–5113
• Kirk K, Akhurst M, Abel L And Morris H. 2023. Scotland’s offshore geological CO₂ storage capacity: an updated assessment for Crown Estate Scotland. British Geological Survey Technical Report, OR/23/052. 80pp.
• Yuting Zhang, Christopher Jackson, Christopher Zahasky, Azka Nadhira, Samuel Krevor, European carbon storage resource requirements of climate change mitigation targets, International Journal of Greenhouse Gas Control, Volume 114, 2022

28 Carbon Capture Scotland - CO₂ captured, used to produce dry ice, or sequestered

29 The Acorn project is considered in Branch 1 of the industry-led SNZR roadmap as the anchor project to initiate cluster decarbonisation, with its carbon capture and storage capacities utilised by both a low-carbon H2 plant at St Fergus gas terminal and a CCS plant at Peterhead power station.

30 Net zero Industry Act - European Commission (europa.eu) secure the fastest possible deployment and scale-up of CCUS. We will support mapping and modelling of the current landscape and future demand, including addressing regulatory barriers and gaps, as well as focusing support on the key infrastructure projects that will unlock comparative advantage in Scotland; including investing £2m in 2024 on repurposing the Feeder 10 pipeline.

31 Scottish-Cluster-Economic-Potential_Email.pdf (theacornproject.uk)

32 Ranjbari, Shams Esfandabadi et al., ‘Biofuel supply chain management in the circular economy transition: An inclusive knowledge map of the field’, Chemosphere, Volume 296 (2022), cited in Economic opportunities in Scotland’s net zero and climate adaptation economy

33 Energy Transition Institute (Robert Gordon University), ‘Powering up the Workforce: The future of the UK offshore energy workforce’ (2023), powering-up-the-workforce.pdf (rgueti.com) and Economic opportunities in Scotland’s net zero and climate adaptation economy

34 Element Energy & Vivid Economics for Scottish Enterprise (2021)

35 Element Energy & Vivid Economics for Scottish Enterprise (2021)

36 Ernst & Young, Energy System and Just Transition, Chapter 1 – Executive summary, p.13

37 Ibid, p.42

38 Ibid, p.34

39 Aberdeen & Grampian Chamber of Commerce, Energy Transition 37th Survey, Spring 2023, p.13

40 Source: ONS Business Register and Employment Survey (released October 2023)

41 https://www.longfinance.net/programmes/financial-centre-futures/

42 Net zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach - 2023 Update (windows.net) p137

43 Green hydrogen production and international competitiveness | ClimateXChange

44 Scottish Government Hydrogen Policy Statement (www.gov.scot)

45 Hydrogen action plan - gov.scot (www.gov.scot)

46 Energy-Intensive industry should manufacture in Europe’s most favourable locations, Phillipp Jaager, February 2024

47 Adjusting to the energy shock: the right policies for European Industry, Giovanni Sgaravatti, Simon Tagliapietra, Georg Zachmann, Brugel (2023)

48 Green datacentres and digital connectivity: vision and action plan for Scotland - gov.scot (www.gov.scot)

49 First Minister’s Investor Panel

50 fDi Markets, a service from The Financial Times Limited (2024). All Rights Reserved

51 Post-school education, research and skills - purpose and principles - gov.scot (www.gov.scot)

52 Scotland’s Migration Service | Scotland.org

53 GDP Quarterly National Accounts: 2023 Quarter 4 (October to December) - gov.scot (www.gov.scot)

54 Region by broad industry group (Standard Industrial Classification) – Business Register and Employment Survey (BRES): Table 4 - Office for National Statistics (ons.gov.uk)

55 Investing in planning - resourcing Scotland’s planning system: consultation - gov.scot (www.gov.scot)

56 South of Scotland Housing Action Plan (southofscotlandrep.com)