About the Norwegian offshore wind industry
For decades, Norway has successfully pioneered offshore solutions in some of the most demanding conditions in the world. In the transition to renewables, Norway is playing a leading role in the burgeoning offshore wind industry.
Published 28 November 2022
Norway driving the offshore wind revolution
Norway has it all when it comes to offshore wind: decades of offshore sector experience, a complete supply chain, and world-class technology and digital solutions.
This has enabled Norway to achieve milestones, such as construction of the world’s largest floating offshore wind farm.
Norwegian innovations across the supply chain prioritise sustainability – from green port infrastructure and hydrogen-powered service vessels to subsea inspection robots and an IoT “seatbelt” for workers.
Offshore wind surging worldwide
Offshore wind power has the potential to exceed the world’s total electricity demand by 2040. This puts the global power sector on track for full decarbonisation. Here are some promising figures:
- Global offshore wind is expected to become a USD 1 trillion industry by 2040
- The EU has set targets for installed offshore wind capacity of 60 GW by 2030 and 300 GW by 2050
- The US plans to deploy 30 GW of offshore wind by 2030, enough to power 10 million homes.
- Offshore wind’s levelised cost of energy is projected to decline by 60 per cent by 2040.
In addition, offshore wind provides a path to meeting global climate, air quality and universal energy access goals.
Norway has a circular value chain for offshore wind
Norway offers a complete value chain for offshore wind
Development and presurvey
Norway is home to experts in engineering and seabed mapping and is at the forefront of R&D and digitalisation
Balance of plant
Norway has world-class know-how in construction of offshore structures and power distribution, making it an excellent partner for larger and more complex projects involving cables, seabed and stability analyses, and more.
Installation
Norway is a leading innovator in marine vessels and all types of equipment for both bottom-fixed and floating offshore wind.
Operation and maintenance
Norway is a leader in digitalisation, using digital twins before the concept even existed. Norway also has world-leading expertise in HSE from decades of offshore experience.
Lifetime extension and decommissioning
Norway has long been at the forefront of lifetime extension thanks to its expertise in system integration and digital systems.