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SCOTTISH ENTERPRISE ANNUAL REPORT AND ACCOUNTS 2026
Performance Report
Accelerating the Energy Transition
To reach our ambition by 2028, we will:
Identify, analyse, and address key policy and industry barriers, working with key stakeholders, to accelerate the delivery of a pipeline of consented and funded energy sector projects in Scotland.
Support the delivery of market-ready infrastructure for the energy transition, including facilities for testing, marshalling, assembly, integration and deployment of offshore wind power.
Attract inward investment for offshore wind, hydrogen, power networks and alternative fuels.
Enable 1,000 companies to access energy sector opportunities with a particular focus on the north-east.
Drive investment of £500m and up to 800 direct jobs in Grangemouth as a location of choice for low carbon fuels and sustainable chemical manufacturing through our cluster development work, which will deliver projects throughout the cluster including Project Willow.
2025/26 activities included:
A continued focus on strengthening supply chains, particularly in the North-East, recognising that supporting UK and international opportunities is critical to delivering near-term growth for Scottish companies. Engaging over 1,000 companies through targeted awareness campaigns. Early indications also show progress in supporting Tier1 companies to develop and embed Scottish supply-chain capability.
Leading on the development of a cluster strategy at Grangemouth to co-ordinate investment, innovation and infrastructure to create a new future for the site. Grangemouth is a key strategic proposition for Scottish Enterprise and brings together our partners, networks, resources and capabilities, for the benefit of the Scottish economy.
Improving access to company support across Scotland by establishing the Clean Energy Cluster as a founding partner — creating a more coordinated, visible and accessible support pathway for offshore wind supply chain companies, reducing fragmentation and enabling faster, more effective engagement with growth opportunities.