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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This is a crucial step for Norway to embrace renewable energy and reduce its reliance on fossil fuels. Floating wind power holds immense potential, and I hope the Block Blast government provides adequate support to ensure the project's success.

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