The Norwegian government is advancing its offshore wind energy ambitions, announcing that it will hold the next offshore wind tender in 2025. This will include a proposed NOK 35 billion (€3 billion) support scheme dedicated to the first floating offshore wind tender in the Vestavind F and Vestavind B areas.
Minister of Energy Terje Aasland highlighted Norway’s immense potential for floating offshore wind, but also noted the current technological and financial hurdles. "Norway has enormous potential on its continental shelf, but state support is necessary to make this a reality," Aasland said. He emphasized that this funding will help deliver more power to Norway while laying the foundation for a "new industrial adventure."
The proposed support scheme is seen as a key step in Norway’s plan to allocate project areas for 30 GW of offshore wind power by 2040. The government has already held a public consultation on different models for this support and is preparing to allocate the funding in its 2025 state budget.
Strategic impact assessments underway
The Norwegian Water Resources and Energy Directorate (NVE) has been conducting strategic impact assessments of 20 areas identified as suitable for offshore wind projects. The assessments for Vestavind F, Vestavind B, and Sørvest F are expected to be completed by November, with the remaining areas assessed by mid-2025.
Regular tender rounds leading to 2040
The government’s long-term plan includes regularly scheduled tender rounds and state aid competitions, ensuring a steady progression of offshore wind development until 2040. "The government’s goal is to drive industrial development in offshore wind, and we’re pleased to see that our supply chain is ready to take on the challenge," said Aasland.
This initiative is part of Norway's broader efforts to transition to renewable energy, with floating offshore wind viewed as a critical component of the country's future energy mix.
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