JERA’s Parkwind and IKEA stores owner Ingka win Norway’s first offshore wind tender
Ventyr Energy, a consortium made up of Parkwind, owned by Japan’s largest utility JERA, and IKEA store owner Ingka, has won the first Norwegian auction to develop a 1.5 GW offshore wind farm in the Southern Norwegian North Sea.
Five groups qualified to take part in the Sørlige Nordsjø II bottom-fixed offshore wind auction in February, but only two placed their offers, the country’s Ministry of Energy said, without disclosing the second bidder.
Germany’s Energie Baden-Wurttemberg (EnBW) had exited the process ahead of the auction, while the remaining consortia that did not win included Aker Offshore Wind, BP and Statkraft, another between Equinor and RWE, and a joint project proposed by Shell, Lyse and Eviny.
The descending bid auction resulted in a subsidy for the winner of NOK1.15 ($0.11)/kWh of electricity under a 15-year contract for difference capped at a total of NOK23bn.
Ventyr’s Sørlige Nordsjø II project, backed by Wilhelmsen-controlled NorSea Group as one of the strategic partners, is expected to be operational by 2030 and is a first step towards Norway’s ambitious goal of awarding 30 GW of offshore wind power by 2040.
“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,” said Energy Minister Terje Aasland.
