Author: Patrick McFall
Last saved by: Iona Keenan

ScotWind video transcript – Stephen Boyle, Auditor General
Scottish ministers and Crown Estate Scotland took a high risk and high reward approach to the ScotWind leasing round.
But we won't begin to know for many years whether this approach represents value for money, until offshore windfarms are built and operating. 
If they do go ahead, Scotland could benefit for the next 60 years.
But if developers decide to hand back their lease options, Scotland could have lost out on substantial upfront and long-term public revenues. 
In the meantime, the Scottish Government needs to be clearer about how the ScotWind monies will be used.
ENDS