Terje Aasland, Minister of Energy, stated: “This marks an important step forward for the government’s offshore wind initiative.” He added: “In addition to ensuring power production for a part of the country with a high energy demand, this announcement represents significant opportunities for new contracts for the supply industry.”
The allocation process involves two phases, with a maturation period between them. In the first phase, three project areas will be awarded to applicants scoring highest based on objective criteria, including cost efficiency, project maturity, innovation, implementation capacity, sustainability, and economic benefits. Companies must submit applications by September 15, 2025. Aasland noted: “I look forward to receiving strong applications from the offshore wind industry.”
The second phase involves a competition for state funding, where one project will be selected based on the lowest funding requirement, capped at 35 billion Norwegian kroner, as set by Parliament. The model, designed specifically for floating offshore wind, aims to drive technological advancements and reduce costs for future projects. Aasland emphasized: “The model for allocating project areas and state support is tailored to floating offshore wind and will contribute to both technology development and cost reductions for subsequent projects.”
Developed in collaboration with the offshore wind industry, the tender supports Norway’s commitment to expanding sustainable energy infrastructure and fostering economic growth through renewable energy development.
