Norway awards first offshore wind farm license
A consortium formed by Belgium's Parkwind and Ikea's parent company has won the tender to build Norway's first offshore wind farm, Norway's government said Wednesday.
Following two days of bidding, the joint venture Ventyr emerged as the winner to develop the planned 1,500 MW wind power farm in the Sorlige Nordsjo II field in the North Sea.
The completed auction is welcome news for Oslo, as doubts have surfaced about the willingness of industry players to commit to the project at a time when offshore wind projects suffer from high construction costs and interest rates.
The Sorlige Nordsjo II field is located far from the mainland in a deep-water area near the border to Danish waters.
"The first offshore wind auction has been a success", Norway's Minister of Energy Terje Aasland told a press conference.
Ventyr brings together Parkwind, owned by Japan's Jera, and the investment arm of Ingka Group, the holding company controlling most of Ikea's stores.
"I hope they will start as soon as possible," Aasland said. Norway -- Western Europe's biggest producer of oil and gas -- has set a target of awarding offshore wind power licenses equivalent to 30,000 MW by 2040.
Comments
See Also
Following two days of bidding, the joint venture Ventyr emerged as the winner to develop the planned 1,500 MW wind power farm in the Sorlige Nordsjo II field in the North Sea.
The completed auction is welcome news for Oslo, as doubts have surfaced about the willingness of industry players to commit to the project at a time when offshore wind projects suffer from high construction costs and interest rates.
The Sorlige Nordsjo II field is located far from the mainland in a deep-water area near the border to Danish waters.
"The first offshore wind auction has been a success", Norway's Minister of Energy Terje Aasland told a press conference.
Ventyr brings together Parkwind, owned by Japan's Jera, and the investment arm of Ingka Group, the holding company controlling most of Ikea's stores.
"I hope they will start as soon as possible," Aasland said. Norway -- Western Europe's biggest producer of oil and gas -- has set a target of awarding offshore wind power licenses equivalent to 30,000 MW by 2040.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.