- Analysis, Offshore wind, Projects
– Sørlige Nordsjø II are successful
There was considerable skepticism about how many developers would bid on the Southern North Sea II. Now, the bidding round has entered its third day.
There was considerable skepticism about how many developers would bid on the Sørlige Nordsjø II. Now, the bidding round has entered its third day.
The anticipation surrounding whether anyone would bid on Sørlige Nordsjø II (SN II) in the North Sea was palpable. This offshore wind project represents the first major development in Norway, marking the commencement of Norway’s offshore wind adventure.
Now, on the third day of the bidding round, there are at least two competitors bidding against each other. – This demonstrates that the government’s offshore wind policy and the frameworks we have established for SN II are successful, says Energy Minister Terje Aasland to the newspaper Dagens Næringsliv.
The offshore wind industry has faced headwinds due to rising costs, and there was uncertainty about whether the government’s subsidy package of NOK 23 billion would be sufficient for SN II.
The investment requirement for Southern North Sea II is estimated to be between NOK 60 to 80 billion.
About Southern North Sea II
The Norwegian government announced in February 2022 that the first phase of the SN II area would undergo an auction for the development of 1.5 GW of power to the Norwegian mainland. The second phase of SN II could include a hybrid solution (1.5 GW) that provides power to both Norway and Europe.
The SN II area, located at the very south of the North Sea near the border with Denmark, was opened for offshore renewable energy production on June 12, 2020.
Related Articles
-
February 18, 2024
Wind Power Race: Sørlige Nordsjø II Auction Set to Begin
Five applicants have been approved for the auction round for Sørlige Nordsjø II, located just outside Kristiansand. The auction opens on March 18th at 9….
-
March 8, 2024
China dominates offshore wind, Europe will catch up
China has more than half of the global offshore wind production capacity, which has surpassed 70 GW.
-
February 13, 2024
From Skagerrak to the Barents Sea
DNV Selected for Impact Assessment in Norway’s Offshore Wind Project.
Related Exhibitors
Related Speakers
Scroll to Top