Pair’s Ventyr Nordsjø 2 project is now expected to be the first in the area.

Parkwind and the Ingka Group’s Ventyr Nordsjø 2 has won Norway’s first auction to develop offshore wind in Sørlige Nordsjø 2.

The winning bid in the auction is 115 øre/kWh and two players participated in the auction.

Energy Minister Terje Aasland said: “This is a milestone in the government’s offshore wind investment, and today we have taken a big step forward in the work to develop offshore wind in Norway.”

The government has an ambition to allocate land equivalent to 30GW by 2040.

In February, a total of five players were qualified to participate in the auction.

These had documented that they meet the minimum criteria for sustainability and positive spin-off effects, as well as the pre-qualification criterion for implementation ability.

In the auction that started on Monday 18 March, the qualified actors could compete for state aid.

It follows from the Ocean Energy Act that there must be a competition for the project area, and that as a general rule an auction must be carried out.

The auction helps ensure that as little state aid as possible is provided.

Within four weeks, a contract for difference must be entered into between the state and the consortium.

The contract for difference will regulate the payment of state aid.

The winner is awarded a project area and thus a time-limited exclusive right to carry out a project-specific impact assessment, and to apply for a license under the Ocean Energy Act.

Source: Renews