Enova Awards Funding for Floating Offshore Wind Projects
What happened
Enova awarded funding to Fortius Offshore Wind and Fram Wind Solutions to support two floating offshore wind projects at the METCentre demonstration site off Karmøy, Norway. Fortius Offshore Wind received NOK 2 billion, and Fram Wind Solutions received NOK 1.94 billion, subject to project implementation. The projects will test technologies such as floating foundations and mooring systems for large turbines.
Why it matters
The projects aim to demonstrate technologies where costs must be reduced to improve the commercial viability of floating offshore wind. The projects were selected based on criteria including energy production, potential for wider adoption, and prospects for reducing future costs.
Who's involved
- EnovaAwarded funding to support the development of floating offshore wind projects.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- EnovaSpeculative
Could incur direct funding expenditure for the offshore wind projects.