Offshore wind industry disappointed by Norwegian Government

Image: PixabayImage: Pixabay
Although the Government of Norway has announced plans for the country's first offshore wind auction, the industry is disappointed by the decision to auction off only parts of the area for the moment.

Official Press Release WindEurope:

Norway announces first offshore wind auction

Wind Industry Profile of
Norway announces first offshore wind 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 for energy generation. The country is already producing large amounts of renewable electricity, mostly from hydro power but also onshore wind. Currently Norway has more than 4 GW of onshore wind. Norway’s large coastline and its exposure to strong Nordic winds make it an ideal country for offshore wind generation. Nevertheless, the country doesn’t have any offshore wind farms in operation today and hasn’t yet run... ... More: Official Press Release WindEurope

WndEurope, Norway, auction, offshore, wind farm, area, lease, renewable energy, electricity, government, climate target, Giles Dickson

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