EDF Renewables raises sails with DWO for maiden Norwegian offshore wind tender

French energy developer and Norwegian start-up Deep Wind Offshore forge 50:50 joint venture to bid in upcoming auctions for Utsira Nord and Sørlige Nordsjø 2 zones in North Sea

Venturing forth: (from left to right): EDF Renewables' Marc Chiron, Pierre-Emmanuel Guillot and Nicolas Voyez; and Deep Wind Offshore's Knut Vassbotn and Hans Petter Øvrevik
Venturing forth: (from left to right): EDF Renewables' Marc Chiron, Pierre-Emmanuel Guillot and Nicolas Voyez; and Deep Wind Offshore's Knut Vassbotn and Hans Petter ØvrevikFoto: DWO

French clean-energy developer EDF Renewables has formed a joint venture (JV) with Norwegian start-up Deep Wind Offshore (DWO) to bid to build offshore wind arrays off the latter’s home country via the upcoming auctions in the so-called Utsira Nord and Sørlige Nordsjø 2 zones.

Frédéric Belloy, EDF Renewables executive vice president for international operations, said the company was “excited about the opportunity” offshore wind could represent for the Nordic nation.

“To have DWO as a partner on the Norwegian shelf, will strengthen the offering and put us in a strong position to secure exclusivity on the announced area,” he said.

“Based upon our significant experience in offshore wind, we are at the forefront of technology-development to deploy in particular floating offshore wind projects.”

DWO CEO Knut Vassbotn said: “Having now worked with EDF Renewables for several months, we have found that we share the same overall goals for the offshore wind industry: develop new projects at scale to reduce cost, create opportunities for local supply chain and provide more renewable energy to Norway and Europe.

“Energy projects at scale offer opportunities to local communities, but projects must be planned, developed, built and operated in collaboration with relevant stakeholders.”

Independent investment house Green Giraffe acted as financial advisor to DWO – founded by shipping giant Knutsen and regional utilities Haugaland Kraft and Sunnhordland Kraftlag earlier this year – during the JV-formation process.
Norway launched its long-awaited maiden offshore wind tendering in June, opening the door to bids to develop some 4.5GW of projects in two vast swaths of water: the Utsira Nord area, which stretches over deepwater acreage off the country’s west coast, and Sorlige Nordsjø II, bordering the Danish North Sea to the south, together amount some 3,500km2 in waters that in depths that will call for floating and bottom-fixed turbines.

Vassbotn stated: “With excellent wind speeds and waters ideally suited for floating wind, I certainly believe that Norway is ready to move into deploying floating wind at commercial scale.”

Norway’s lead-off offshore wind tender has attracted a roll-call of big hitters from power and oil & gas, incluind Iberdrola, TotalEnergies, RWE, Orsted, Shell, BP, Equinor, Macquarie’s Green Investment Group, Fred Olsen Renewables, Statkraft and Aker Offshore Wind.

The Global Wind Energy Council flagged recently that international governments would have to act swiftly to plug a 110GW “offshore wind gap” looming by 2030 on the path to the 2TW needed by mid-decade to hit key climate goals.
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Published 1 December 2021, 21:06Updated 2 December 2021, 06:43
FranceNorwayDeep Wind OffshoreEDFFloating wind