Tag Archives: Norway

Octopus Energy backs offshore wind power

Octopus Energy’s generation arm announces its investment in Deep Wind Offshore, an international offshore wind developer with a pipeline of projects in Norway, Sweden, and South Korea.All three countries have vast wind resources and strong governmental support for offshore wind. The company is aiming to build 10 GW of new offshore wind by 2032, with … Continue reading Octopus Energy backs offshore wind power

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The world’s largest floating offshore wind farm officially opened

The Hywind Tampen wind farm was opened today by Crown Prince Haakon of Norway. Gullfaks and Snorre are the first oil and gas fields in the world to receive power from offshore wind, reducing CO2 emissions. “Hywind Tampen is expected to reduce CO2 emissions with 200,000 tonnes annually from key oil and gas producers in … Continue reading The world’s largest floating offshore wind farm officially opened

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Potential of Offshore Wind Energy in Norway

Norway, a country known for its abundant natural resources and breathtaking landscapes, has long been a leader in the renewable energy sector. With a strong commitment to sustainability and a rich history of hydropower production, it comes as no surprise that the Scandinavian nation is now turning its attention to offshore wind energy. As the … Continue reading Potential of Offshore Wind Energy in Norway

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Norway outlines major wind power development in Arctic waters

A government appointed expert group draws up 20 offshore areas suitable for wind power development. Four of them are in the Barents Sea, and one is located along the maritime border to Russia. Norwegian authorities are increasingly under pressure to build new capacities for production of renewable power. In March this year, two areas in … Continue reading Norway outlines major wind power development in Arctic waters

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Norway’s massive floating wind turbine wall will be funded by the government this year

Wind Catching Systems, a Norwegian company, is nearing the completion of a massive floating wall of wind turbines that measures over half the length of the Eiffel Tower. Instead of one large turbine with blades of maximum length, the WCS project appears to be a solid wall of 150 wind turbines with rotors up to … Continue reading Norway’s massive floating wind turbine wall will be funded by the government this year

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Statkraft and Inovyn sign new long-term green power agreements ensuring operations and enabling new investments

Europe’s largest generator of renewable power, Statkraft, and chemical company INEOS Inovyn at Rafnes in Bamble, Norway have signed two new long-term power agreements. The agreements will secure the majority of the power needed for the existing manufacturing activities and also the additional power required for planned investments into electrification and hydrogen production as part … Continue reading Statkraft and Inovyn sign new long-term green power agreements ensuring operations and enabling new investments

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Nel and Statkraft pave the way for a green hydrogen value chain in Norway

Hydrogen technology company Nel and Europe’s largest supplier of renewable energy, Statkraft, newly signed a contract for delivery of 40 MW electrolysers and will thus collaborate to create a strong value chain for production of green hydrogen in Norway. “We are determined that we will contribute towards making Norway a leading producer of renewable hydrogen, … Continue reading Nel and Statkraft pave the way for a green hydrogen value chain in Norway

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RWE and Equinor agree on strategic partnership for security of supply and decarbonisation

Anders Opedal (Equinor) and Dr Markus Krebber (RWE) agreed today on a strategic energy partnership between their companies. The agreement includes large scale projects that will contribute to the European energy supply as well as to the ramp-up of the hydrogen economy in Germany and the EU. In addition, the partnership will strengthen the long-term … Continue reading RWE and Equinor agree on strategic partnership for security of supply and decarbonisation

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Norsk Hydro plans wind farm to power industrial plants

Norwegian aluminium maker Norsk Hydro NHY.OL and two partners said on Monday they plan to build an onshore wind farm costing between 3 and 4 billion Norwegian crowns ($304 million-$405 million) on Norway’s west coast. The plant, if approved, would have output of 1 terrawatt hour (TWh) of electricity, providing renewable power to existing and … Continue reading Norsk Hydro plans wind farm to power industrial plants

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Mainstream Renewable Power, Ocean Winds and Statkraft sign collaboration MoU with Aker Solutions for floating wind at Utsira Nord in Norway

Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord license area in 2023. The consortium and Aker Solutions will together develop sustainable and cost-efficient technologies which include design, construction, fabrication and installation initiatives and other innovative solutions and new technology to lower … Continue reading Mainstream Renewable Power, Ocean Winds and Statkraft sign collaboration MoU with Aker Solutions for floating wind at Utsira Nord in Norway

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RWE, Equinor and Hydro to explore opportunities for offshore wind development in the Mandal area

An offshore wind consortium consisting of RWE Renewables, Equinor and Hydro REIN, has signed a Memorandum of Understanding (MoU) with Windport AS, a supplier of port facilities in the Mandal area. RWE Renewables, Equinor and Hydro REIN jointly aim to develop a large-scale bottom-fixed offshore wind farm in the Sørlige Nordsjø II area in the … Continue reading RWE, Equinor and Hydro to explore opportunities for offshore wind development in the Mandal area

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Equinor and partners consider 1 GW offshore wind farm off the coast of Western Norway

Equinor and its partners Petoro, TotalEnergies, Shell and ConocoPhillips in the Troll and Oseberg fields, have initiated a study and are looking into possible options for building a floating offshore wind farm in the Troll area some 65 kilometres west of Bergen, Norway. With an installed capacity of about ~1 GW and an annual production … Continue reading Equinor and partners consider 1 GW offshore wind farm off the coast of Western Norway

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Statkraft supplies Omya Hustadmarmor AS with certified green electricity from local hydropower stations

tatkraft, Europe’s largest producer of renewable energy, and Omya Hustadmarmor AS have signed an amendment to an existing power purchase agreement (PPA). During the eight years from January 2022 until December 2029, Statkraft will supply a total volume of around 1 TWh of certified green electricity to the marble processing plant at Elnesvågen, Norway. The … Continue reading Statkraft supplies Omya Hustadmarmor AS with certified green electricity from local hydropower stations

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Norway announces big new offshore wind energy targets

The Norwegian Government wants to allocate 30 GW of offshore wind capacity by 2040. The announcement gives another boost to Europe’s floating wind industry. But uncertainty remains on the licensing schedules and auction design. It’s also unclear how much of the electricity will be exported to mainland Europe. Norway’s Prime Minister Jonas Gahr Støre announced … Continue reading Norway announces big new offshore wind energy targets

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Norway could have 14% share of floating offshore wind market by 2050

Menon Economics, an Oslo consultancy, has forecast that floating offshore wind could create more than 50,000 new jobs and win a 5-14% share of the global floating market by the middle of the century.However, to achieve these aims, the sector urgently needs ‘clarification’ on a range of legal and financial issues. Arvind Nesse, Head of … Continue reading Norway could have 14% share of floating offshore wind market by 2050

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Norway launches 30 GW offshore wind plan by 2040

Norway has launched a large-scale investment plan aimed at allocating sea areas to develop 30 GW of offshore wind capacity by 2040. The ambition is that almost as much new power will be produced from offshore wind as Norway produces in total today. ”Today we launch a large-scale investment in offshore wind. Our ambition is … Continue reading Norway launches 30 GW offshore wind plan by 2040

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Norway announces first offshore wind power auction

Last week the Norwegian Government announced that they will hold the country’s first offshore wind auction in the second half of 2022. The auction will have a total capacity of 1.5 GW. Further offshore wind auctions will follow. Despite the announcement, the Norwegian wind industry is not completely content.  Norway is blessed with ideal conditions … Continue reading Norway announces first offshore wind power auction

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Norway to launch 1.5 gigawatt offshore wind tender

Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of electricity that will supply the Norwegian mainland, the country’s government said on Wednesday. Offshore wind is seen as a key new industry offering a potential transition for Norway’s dominant oil … Continue reading Norway to launch 1.5 gigawatt offshore wind tender

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Potential bidders in Norway’s first offshore wind tender

Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating and bottom-fixed wind turbine capacity and will identify additional offshore areas for development amid strong interest from energy firms. Utsira Nord, an area of 1,000 square km (386 square miles), is located northwest of the oil industry … Continue reading Potential bidders in Norway’s first offshore wind tender

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Vattenfall and Seagust join forces in Norwegian offshore wind bid

Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds. The joint venture represents Vattenfall’s entry into the Norwegian wind market.   The joint venture intends to bid on licenses in both the Utsira Nord and Sørlige Nordsjø II areas in the North Sea. … Continue reading Vattenfall and Seagust join forces in Norwegian offshore wind bid

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