Equinor, RWE & Hydro Team for Offshore Wind in the Norwegian Sea
Equinor, RWE Renewables and Hydro REIN have signed a collaboration agreement for offshore wind in Norway. The partners will jointly prepare and
Equinor, RWE Renewables and Hydro REIN have signed a collaboration agreement for offshore wind in Norway. The partners will jointly prepare and submit an application to the Norwegian authorities to develop a large-scale bottom-fixed offshore wind farm in the Sørlige Nordsjø II area in the Norwegian North Sea. The partnership between Equinor, RWE and Hydro represents a strong combination of experience and expertise from offshore wind development, energy market insight and large-scale industrial project execution. Together, the three companies have the complimentary capabilities as well as experience needed to develop a large-scale offshore wind farm at Sørlige Nordsjø II.
The Norwegian Ministry of Petroleum and Energy has opened two areas for offshore renewables (Utsira Nord and Sørlige Nordsjø II) and is currently working on the licensing process for offshore wind power projects in Norway. The area borders the Danish sector in the North Sea and is ideally located for supply of electricity to Europe.
The Sørlige Nordsjø II area has among the best wind resources in the world with water depths between 53 and 70 meters. The area has a potential to deliver a significant amount of renewable energy to countries aiming to transform their energy mix, following EU’s and the UK’s stated ambitions for 300 GW and 100 GW respectively of offshore wind capacity by 2050 to reach their net zero ambitions.