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Norwegian offshore wind ports can create billions in value annually by 2030
Category: Business News
A new report from Menon Economics finds that Norwegian ports investing in offshore wind can generate NOK 8.4 billion in annual value and employ approximately 6,400 people by 2030.
The report was commissioned by Norwegian Offshore Wind, Eksfin, Invest in Rogaland, Invest in Bergen, and Invest in Agder. It’s the first of its kind to analyze the potential of Norwegian assembly and installation ports in offshore wind until 2030.
The study has identified 14 installation and assembly ports with plans to facilitate projects for offshore wind farms by 2030, indicating significant potential for employment and value creation. These ports collectively aim to achieve an annual installation and assembly capacity of 5 GW by 2030, equivalent to approximately 350 wind turbines annually.
-This analysis shows that Norwegian offshore wind bases are ahead of the curve. They see that collaboration is a crucial strategy to harness the vast opportunities in offshore wind, says Arvid Nesse, the head of Norwegian Offshore Wind.
Read full article here.
Source: Norwegian Offshore Wind