Norway has once more proposed providing subsidies price some $3.3bn to encourage bids within the nation’s first tender for a floating wind farm, Reuters stories.
The determine appeared yesterday within the authorities’s 2025 funds proposal. It’s in step with a preliminary proposal made in June.
The federal government will probably be in search of bids to develop a floating, 500MW wind farm at Utsira Nord off the coast of southern Norway close to Haugesund.
Final month, business physique Norwegian Offshore Wind expressed disappointment that the federal government was continuing with only one farm as a substitute of the anticipated two.
Reuters stated not less than 13 consortia and particular person companies have expressed curiosity within the tender.
Power minister Terje Aasland stated the assist was wanted as a result of the sector was immature.
“Norway has huge potential for floating offshore wind on its continental shelf, however as a result of the expertise remains to be immature and costly, authorities assist is required to hurry up growth,” he stated.
One other issue is that the anticipated price of constructing floating wind farms in Norway has risen in contrast with earlier forecasts because of inflation within the turbine business.
Nevertheless, Norway has some expertise within the space. In August final 12 months, oil producer Equinor opened Hywind Tampen, the world’s largest floating wind farm to date.
Its 11 generators produce 88MW for Equinor’s offshore oil and gasoline platforms.
It used a novel method to anchor the generators to the seafloor, and the electrical energy produced covers round 35% of what’s wanted to energy 5 platforms.
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The put up Norway to supply $3.3bn in subsidies for first floating wind farm appeared first on World Development Overview.
