Maritime wind energy - optimistic prospects also for foreign companies in Norway

January 18, 2024

Offshore Wind Energy: A New Opportunity for Foreign Companies in Norway

Norwegian Prime Minister Jonas Gahr Støre recently emphasized the importance of offshore wind energy as a future major, global source of energy. Speaking at the NHO (Confederation of Norwegian Enterprise) conference, he noted that Norway faces a great opportunity for development in this field. This opens prospects for foreign companies in Norway, especially those working with authorized accounting offices familiar with the realities of the Norwegian market, regulations, and employer obligations. Planned investments are expected to amount to around 60 billion kroner.


Norway and the Green Transformation: BCG Report

A report by the Boston Consulting Group indicates that Norway, compared to other European countries, is slowly adapting to green energy. The agency emphasizes that Norwegian climate policy requires greater ambition, especially in the area of offshore wind energy.


The Role of Foreign Companies in the Norwegian Energy Industry

The Director of NHO notes that Norway is still discussing the green transformation, while other European countries are already taking action. The involvement of the government, private sector, and society is crucial. Opportunities are now forming for foreign companies interested in the Norwegian market.


Challenges and Opportunities in Developing Offshore Wind Farms

The process of issuing permits for the development of offshore wind farms in Norway is complicated and time-consuming, which may explain delays compared to other countries. However, the Norwegian Water Resources and Energy Directorate (NVE) has identified 20 areas on the continental shelf as potential locations for offshore wind energy.


The Future of Offshore Wind Energy in Norway

Despite some delays, the forecasts are promising. Norway plans intensive development of offshore wind energy, which may be attractive for foreign companies, especially in the context of new auctions and projects.


Upcoming Events and Conferences on Wind Energy in Norway

Upcoming events, such as EERA DeepWind, Offshore Strategic Conference, and others, focus on innovations and research in the field of offshore wind energy. These are excellent opportunities for companies to gain knowledge, make contacts, and explore new possibilities in the Norwegian market.

  • Offshore Strategic Conference (February 6-7, Stavanger) – discussing Norway's energy future in the context of 2030 and 2050, with a particular focus on offshore wind energy. Program details available here: strategikonferansen.no
  • Conference on "Dynamic Positioning (DP) and Offshore Installation Mooring" (February 14-15, Trondheim) – more information about the conference program is available at this link: tekna.no
  • Havblest 2024 (February 14-15, Bodø) – a meeting of the wind energy industry, more information can be found here: norwegianoffshorewind.no
  • "Science Meets Industry Offshore Wind Energy 2024" Conference (March 4-5, Bergen) – focusing on ongoing research and technological challenges in the offshore wind energy sector. The conference program will likely be published here: gcenode.no
  • Floating Wind Days 2024 (May 29-30, Haugesund) – an innovative meeting for those interested in the offshore wind energy industry. Detailed information available here: floatingwinddays.com

These events provide important platforms for discussion, knowledge exchange, and networking in the offshore wind energy industry in Norway.

Take advantage of an authorized accounting office's experience in Norway!


If you wish to find out more about how to start operating a company in Norway, don't hesitate to contact us! A team of experienced accountants and consultants in our authorized accounting office established in 2002 can offer insight into what to expect and how to move forward with doing business in Norway. 


Author: Gert Ramberg
Źródła:
Energiwatch, E-24, Teknisk Ukeblad, Ocean24
Graphic: Canva

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