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According to a study by Menon Economics, Norway could see the potential of a floating wind market within 30 years, which is expected to create a market of $7.
7 billion to $13 billion and 128,000 jobs
.
Menon Economics said in the report that Norway has the potential and resources to develop floating wind power, and the government should have a clear vision and develop appropriate mechanisms to encourage floating wind development
.
Menon's analysis is based on the subsidized construction of two 500MW floating wind farms in the 2020s, with Norway's floating wind market share accounting for 20%
globally.
Norwegian oil giant Equinor has built the world's first commercial floating wind farm, the Scotland's 30MW Hywind Array Project
.
The Norwegian government also recently approved a funding application of around $257 million to support Equinor's 88MW Hywind Tampen project in Norway, which will be the world's first floating wind farm
to provide renewable energy for offshore oil and gas facilities.
According to a study by Menon Economics, Norway could see the potential of a floating wind market within 30 years, which is expected to create a market of $7.
7 billion to $13 billion and 128,000 jobs
.
Menon Economics said in the report that Norway has the potential and resources to develop floating wind power, and the government should have a clear vision and develop appropriate mechanisms to encourage floating wind development
.
Menon's analysis is based on the subsidized construction of two 500MW floating wind farms in the 2020s, with Norway's floating wind market share accounting for 20%
globally.
Norwegian oil giant Equinor has built the world's first commercial floating wind farm, the Scotland's 30MW Hywind Array Project
.
The Norwegian government also recently approved a funding application of around $257 million to support Equinor's 88MW Hywind Tampen project in Norway, which will be the world's first floating wind farm
to provide renewable energy for offshore oil and gas facilities.
