NEGOTIATIONS over a decommissioning financial bond for the Viking Energy wind farm are still ongoing, according to the council.
It comes after campaign group Save Shetland wrote an open letter to councillors calling for clarity on the matter.
The bond would guarantee that sufficient funds are in place to decommission the wind farm and restore the site at the end of its life, which is currently scheduled to be 2049.
The value of the Viking Energy bond being discussed is understood to be in the region of £40 million.
Save Shetland has criticised that a bond was not in place prior to construction on the wind farm starting last year.
It wrote to the Scottish public ombudsman, which ultimately ruled that Shetland Islands Council acted in line with planning legislation.
However, it requested that the council provided an update on the financial bond and a timescale for a conclusion within 20 days.
This was back in June, and Save Shetland said while a brief update was provided no timeline has been given.
A spokesperson for Shetland Islands Council said on Wednesday: “Shetland Islands Council has taken advice from external advisors, and progress to conclude the decommissioning financial bond arrangement for the Viking Energy Windfarm is ongoing.
“Once agreed, the financial bond will be monitored and reviewed in accordance with the applicable planning conditions.”
The 103-turbine Viking Energy wind farm is expected to go live in 2024.
Become a supporter of Shetland News
Shetland News is asking its many readers to consider start paying for their dose of the latest local news delivered straight to their PC, tablet or mobile phone.
Journalism comes at a price and because that price is not being paid in today’s rapidly changing media world, most publishers - national and local - struggle financially despite very healthy audience figures.
Most online publishers have started charging for access to their websites, others have chosen a different route. Shetland News currently has over 540 supporters who are all making small voluntary financial contributions. All funds go towards covering our cost and improving the service further.
Your contribution will ensure Shetland News can: -
- Bring you the headlines as they happen;
- Stay editorially independent;
- Give a voice to the community;
- Grow site traffic further;
- Research and publish more in-depth news, including more Shetland Lives features.
If you appreciate what we do and feel strongly about impartial local journalism, then please become a supporter of Shetland News by either making a single payment or monthly subscription.
Support us from as little as £3 per month – it only takes a minute to sign up. Thank you.Support Shetland News