Power April 2022 Intl - 11
GLOBAL MONITOR
wind has been mixed, as the question
of exporting power to the rest of Europe
is controversial due to the potential impact
on power prices. The government,
after announcing its auction plans, also
said the first Norwegian offshore wind
farms built in the North Sea would not
be allowed to connect to foreign markets,
and could only send power to
Norway-which could impact the investment
interest of some companies,
including Equinor, which said
it was
counting on hybrid connections from
offshore installations that could serve
multiple countries.
The recent announcement marks
Norway's first tender for bottom-fixed
offshore wind turbines in the southern
North Sea. Prime Minister Jonas Gahr
Stoere in February said the first turbines
could be installed within a few years,
and said the government expects to
subsidize the project to at least get it
started, in part due to concerns about
limited outside investment if the first
builds only serve Norway. Stoere said
a second development phase, with the
same capacity and in the same area of
the southern North Sea, will come later,
and would likely be allowed to supply
energy to the European continent as
4. Honeymooring is a unique and cost-effective way of mooring floating wind turbines in a
" honeycomb " network using special equipment, flexible lines, and shared anchors. Honeymooring
is estimated to reduce mooring hardware costs by 50% compared to traditional mooring
solutions with chains and clump weights. Courtesy: Semar
well as Norway-a critical component,
according to a financial adviser who
spoke with POWER.
" It would be criminal for Norway to
miss the offshore wind market growth
in Europe. The country's economic
growth has long been tied to energy,
and offshore Norway is a world-class
wind resource, on par with the Norwegian
oil and gas resource in scale and
quality, " said Neal Dikeman, co-founder
and partner at Energy Transition Ventures,
a Houston, Texas-based venture
capital fund manager. " Notwithstanding
the technical and cost issues, the key
to offshore wind in Norway actually becoming
a world-class energy resource
will be two things: massive volume
April 2022 | POWER
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11
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Power April 2022 Intl
Table of Contents for the Digital Edition of Power April 2022 Intl
Power April 2022 Intl - Intro
Power April 2022 Intl - Cover1
Power April 2022 Intl - Cover2
Power April 2022 Intl - 1
Power April 2022 Intl - 2
Power April 2022 Intl - 3
Power April 2022 Intl - 4
Power April 2022 Intl - 5
Power April 2022 Intl - 6
Power April 2022 Intl - 7
Power April 2022 Intl - 8
Power April 2022 Intl - 9
Power April 2022 Intl - 10
Power April 2022 Intl - 11
Power April 2022 Intl - 12
Power April 2022 Intl - 13
Power April 2022 Intl - 14
Power April 2022 Intl - 15
Power April 2022 Intl - 16
Power April 2022 Intl - 17
Power April 2022 Intl - 18
Power April 2022 Intl - 19
Power April 2022 Intl - 20
Power April 2022 Intl - 21
Power April 2022 Intl - 22
Power April 2022 Intl - 23
Power April 2022 Intl - 24
Power April 2022 Intl - 25
Power April 2022 Intl - 26
Power April 2022 Intl - 27
Power April 2022 Intl - 28
Power April 2022 Intl - 29
Power April 2022 Intl - 30
Power April 2022 Intl - 31
Power April 2022 Intl - 32
Power April 2022 Intl - 33
Power April 2022 Intl - 34
Power April 2022 Intl - 35
Power April 2022 Intl - 36
Power April 2022 Intl - 37
Power April 2022 Intl - 38
Power April 2022 Intl - 39
Power April 2022 Intl - 40
Power April 2022 Intl - Cover3
Power April 2022 Intl - Cover4
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