Creating offshore winners

Offshore wind is pointed to by many as one of Norway’s next big industrial adventures, and a key part of solving our own and Europe’s urgent need for renewable energy. Recently, the Norwegian Government announced their updated ambitions to award acreage for 30 GW of offshore wind production by 2040, and in parallel, develop Norway to become one of the world’s leading nations within offshore wind. While this is a significant target, other European countries have set even more ambitious targets and are already heading the race. For Norway to reach their ambitions and build global winners in the offshore industry, the time to act is now.

This study, which has been a joint effort by Capgemini Invent and Energy Valley, sheds light on the current challenges as well as how these should be addressed to accelerate and achieve Norway’s ambition. Additionally, it suggests a recommended timeline pinpointing the milestones and decision points leading up to 2040. This is a necessary tool to support the vision with concrete calls to action and to ensure that critical steps and deadlines are not missed.