Ørsted Joins Norwegian Offshore Wind Consortium
Ørsted has joined consortium with Fred Olsen Renewables and Hafslund Eco for establishing a long-term partnership to develop offshore wind in Norway and to compete in Norway's upcoming application round for offshore wind areas. The three parties see the cooperation as the perfect fit for realising large-scale offshore wind projects in combination with an offshore grid. The consortium has the aim to deliver both bottom-fixed and floating offshore wind power, while developing the Norwegian supply chain for the expected large-scale build-out of offshore wind in Norway and in Europe.
The Norwegian government has been a front runner in supporting the early-stage development of floating offshore wind, and the partnership will work closely with the strong local supply chain to expand Norway's strategic position within floating offshore wind, specifically on the Utsira Nord site.
The Norwegian part of the North Sea holds great potential for the development of large-scale offshore wind farms that can supply green energy to Norwegian industries and households, and potentially also to other countries in the North Sea through the offshore grid needed to enable the massive build-out of offshore wind across Europe towards 2050. Offshore wind and offshore grid combined will create a profitable solution for Norway, utilising Norwegian flexible hydropower and delivering renewable power at low cost.