Our history

Our track record as Flotation Energy spans six quick years, but our expertise and our commitment to excellence go much, much deeper.

Flotation Energy was founded in Scotland in 2018 by Allan MacAskill and Nicol Stephen. The aim was to advance the immense opportunities offshore wind offers globally. In November 2022 we became part of the TEPCO Group, within its renewable power division.

The team are drawn from a variety of technical and commercial backgrounds. This enables Flotation Energy to solve complex fixed and floating offshore wind challenges at pace, and with great success.

Our founders, Allan and Nicol developed the biggest commercial floating windfarm in the world – the Kincardine Offshore Windfarm, near Aberdeen in Scotland.

Today, we have a project pipeline of developments spanning over 13GW of power in the UK and internationally. With vast experience and knowledge in floating and fixed developments, we are already leading experts in offshore wind.

Timeline

To scroll through the multiple date entries, use the arrows below (< | >).

2004

Flotation Energy founders play an integral role in the development of the Beatrice Demonstrator Project, off the East Coast of Scotland. It was the world’s first deep water, fixed foundation offshore wind project.

2007

The Beatrice Demonstrator is fully commissioned.

2008

SeaEnergy Renewables is formed by Flotation Energy Co-Founder, Allan MacAskill and members of the Beatrice Project.

2011

Having developed over 3GW of offshore wind in Scottish waters, SeaEnergy Renewables is sold to Repsol.

2013

Flotation Energy founders announce intention to develop the world’s first commercial floating windfarm, Kincardine.

2018

Flotation Energy is formed.

Kincardine becomes fully operational and becomes the world’s largest grid-connected floating offshore windfarm.

2019

Flotation Energy announces plans to decarbonise North Sea oil and gas platforms through electrification from floating offshore wind, launching project Green Volt.

Flotation Energy and Cobra JV signed.

2020

Flotation Energy’s APAC entity is formed with in-country teams established in Taiwan, Japan and Australia.

2021

Flotation Energy announces its intention to develop the Cenos platform electrification and decarbonisation project in the UKCS.

Flotation Energy partners with CSBC, Taiwan’s largest ship builder, to develop floating offshore wind projects.

Flotation Energy and partner Cobra win a site in TCE’s Offshore Wind Leasing Round 4 and start planning the Morecambe offshore windfarm.

2022

TEPCO Group, Japan’s largest utility, acquires Flotation Energy to advance its global offshore wind ambitions.

Morecambe shared transition corridor approved. Collaboration in action with bp and EnBW.

Flotation Energy and Vårgrønn JV signed.

Flotation Energy and Cobra win Test & Demonstration site in Celtic sea for White Cross 100MW project.

Flotation Energy and Cobra announce plans to develop 2.7GW of fixed and floating windfarms, offshore Ireland.

2023

White Cross demonstrator project completes pre-FEED studies.

Flotation Energy awarded Major Project status for its Seadragon project, offshore Victoria, Australia.

Portugal in-country team established.

Flotation Energy and Vårgrønn awarded exclusivity to develop up to 1.9 GW of floating offshore wind in Scotland.

2024

Norwegian State Secretary for Energy announces Flotation Energy as the inaugural winner of the Floating Offshore Wind award at the flagship, global industry event Floating Wind Days, hosted in Haugesund, Norway.

13GW offshore wind pipeline across 6 countries.