Montel News - Energy Insights

Sink or float – Norway seeks investors for offshore wind

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December 17, 2024

Norway plans to push ahead with its first tender for the construction of a large-scale floating offshore wind farm early next year, despite industry concerns over rising costs and insufficient state support. Energy minister Terje Aasland says developing floating wind power is very important in terms of boosting not only the country’s energy supply, but also its manufacturing industry.

Reporting by Olav Vilnes, Editor Nordics, Montel.

Contributors: Terje Aasland, Norwegian Energy Minister and Jon Evang, Head of Offshore Wind, Renewables Norway.

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It’s great to see Norway pushing forward with floating offshore wind projects despite the challenges. The government’s plan to offer support schemes and sprunki hold regular tendering rounds is a positive step. I’m curious about the specific measures they’ll take to address the industry’s concerns over rising costs.

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