Norway plans to increase offshore wind capacity
Norway said on Wednesday it has plans to develop 30 gigawatts (GW) of offshore wind capacity by 2040 to become an exporter of renewable electricity.
“This would nearly double our power output,” Prime Minister Jonas Gahr Stoere told a news conference, Reuters reported.
According to Norway, oil and gas are vital during the world’s transition to a cleaner energy future.
The government said that a “significant portion of the electricity will be exported to other countries,” from the offshore wind.
It said it will begin licensing rounds for new acreage from 2025 onwards.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More renewables news
House Committee Says It Finds Evidence of ‘Climate Cartel’
WEC Energy Offered $2.5 Billion US Loan for Renewable Projects
With Trump Looming, Biden’s Green Bank Moves to Close Billions in Deals
GE Vernova Expects More Trouble for Struggling Offshore Wind Industry
Climate Tech Funds See Cash Pile Rise to $86 Billion as Investing Slows
GE Vernova to Power City-Sized Data Centers With Gas as AI Demand Soars
Longi Delays Solar Module Plant in China as Sector Struggles
Australia Picks BP, Neoen Projects in Biggest Renewables Tender
SSE Plans £22 Billion Investment to Bolster Scotland’s Grid
