The Norwegian authorities has unveiled Ventyr Energi, a consortium of Parkwind and Ingka Investments, because the winner of the Sørlige Nordsjø II (Southern North Sea II) offshore wind public sale spherical in Norway. The profitable bid within the public sale was NOK 1.15 (EUR 0.099) per kilowatt hour.
“This can be a milestone within the authorities’s offshore wind funding, and at present we’ve got taken an enormous step ahead within the work to develop offshore wind in Norway,” stated Terje Aasland, Minister of Petroleum and Vitality of Norway.
The Norwegian authorities formally opened the appliance window for Norway’s first offshore wind public sale on 29 March 2023, providing a mixed capability of three GW throughout two areas, 1.5 GW at Southern North Sea II and 1.5 GW at Utsira Nord.
In February, a complete of 5 gamers had been certified to take part within the public sale, particularly Aker Offshore Wind, BP and Statkraft; Equinor and RWE; Norseman Wind, a subsidiary of EnBW; Shell, Lyse and Eviny; and Ventyr, a consortium of Parkwind and Ingka Investments.
Within the public sale that began on Monday 18 March, the certified corporations may compete for state help. The Southern North Sea II tender was based mostly on the so-called English public sale mannequin, with the bidder with the bottom bid worth (NOK øre/kWh) to be chosen.
Now, the state and Ventyr Energi have 4 weeks to signal a two-way Contract for Distinction (CfD), in response to the federal government.
The Norwegian Parliament has determined that the higher restrict for state help is NOK 23 billion (roughly EUR 1.9 billion).
The Ventyr Vitality consortium was first established as a partnership between Belgian offshore wind developer and operator Parkwind and the Norwegian vitality service firm NorSea.
In November 2023, Ingka Investments the funding arm of Ingka Group – the biggest IKEA Retailer operator – additionally joined the Ventyr Vitality consortium, taking a 49 per cent stake within the consortium.
The Norwegian Authorities is planning to award areas which have the potential for 30,000 MW of offshore wind manufacturing by 2040.
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NOTE: The unique article has been amended.
