Photo: Ole Jørgen Bratland/Equinor

Norway Sets Target for Offshore Wind Industry

Norwegian Prime Minister Jonas Gahr Støre announced his government’s plans to allocate areas for 30 gigawatts of offshore wind energy production by 2040. He made this announcement in his press conference held earlier this week.

This will add to Norway’s current production capacity. Meeting these ambitions will require an additional 1500 offshore wind turbines that will be connected to grid solutions with both hybrid and radial cables.

Read the full press release
(in Norwegian)

Boost for green industries

The offshore wind energy target is part of the Norwegian Government’s larger goal of reducing CO2 emissions by 50% and increasing exports by 50% by 2030.

“This is a green industrial boost in Norway and can provide abundant amounts of renewable energy in the future. The goal of the development is to give people and companies large amounts of reasonable power. If we are to achieve that, we have to invest now. And we must invest on a large scale”, said Prime Minister Støre.

Prime Minister Jonas Gahr Støre (r, 2nd) at his press conference, along with Trade & Industry Minister Jan Christian Vestre (l), Finance Minister Trygve Slagsvold Vedum (l, 2nd) and Petroleum & Energy Minister Terje Aasland, (far r). Photo: Anne Kristin Hjukse/Prime Minister's office

The government will accommodate a large Norwegian industry within the offshore wind sector in Norway but will do so in several allocation rounds to allow room to build up competence and experience.

“With the great ambitions of the government, Norwegian offshore wind will be able to play a central role in the European energy transition”, said Minister of Petroleum and Energy Terje Aasland.

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Bergen has all the tools

Greater Bergen will serve as a key hub for this emerging industry. It offers a number of benefits to firms operating within the offshore wind sector, such as:

A highly competent labour force with transferable offshore expertise
A diverse, collaborative ecosystem consisting of innovative firms
Leading research institutions, including the Bergen Offshore Wind Centre (BOW)

Are you interested in setting up a new company in the Greater Bergen region? If so, you could receive crucial support from Invest in Bergen.

Our organisation can provide information, and introductions to useful contacts, and even help find your ideal business location in Greater Bergen. If you’re interested in these services, simply get in touch with us today.

Created 13/05/2022