Who won rights to bid in Norway’s first offshore wind auction?
Norway has confirmed the final roster of five consortia bidding for acreage in its first major offshore wind leasing round.
Norway has confirmed the final roster of five consortia bidding for acreage in its first major offshore wind leasing round.
Seven consortia have submitted applications as part of Norway’s first offshore wind leasing auction, with strong interest from North Sea oil and gas majors.
Orsted A/S (CPH: ORSTED) has withdrawn from a partnership developing offshore wind projects in Norway as the company grapples with big losses resulting from rising costs.
The bid deadline for the Utsira Nord offshore wind zone has been delayed to 2024, while the deadline for Sørlige Nordsjø II has also been pushed back due to changes in the bidding criteria.
Norway has opened its first competitive auction for offshore wind, with a view to procuring up to 3GW of new development capacity by the end of the year.
The Norwegian Petroleum Directorate (NPD) has mobilised a survey vessel to begin evaluating seabed areas set aside for the country’s first major offshore wind auction.
Despite its resources being amongst the best in the world, Norway has yet to harness much of its offshore wind potential.
The Norwegian government has fleshed out plans for its 4.5GW offshore wind auction, confirming its intention to split one tranche into two 1.5GW phases.
Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds.
Equinor has solidified its position as one of the frontrunners in floating offshore wind with a new collaboration agreement.