Ministry of Energy

Offshore wind:

Ventyr SN II AS won the auction for offshore wind in Sørlige Nordsjø II

20/03/2024

Following a successful auction, it is Ventyr SN II AS, owned by Parkwind and Ingka-group, who will be the first to develop offshore wind in Sørlige Nordsjø II. The winning bid in the auction is 115 øre/kWh. Two bidders participated in the auction.

Seabed minerals:

Norway gives green light for seabed minerals

10/01/2024

On 9 January, the Norwegian parliament (Storting) considered the government's proposal for opening an area for mineral activities on the Norwegian continental shelf. With the parliament’s decision, the basis is now laid for a gradual and responsible development of seabed minerals, based on a precautionary approach.

The History of Norwegian Hydropower in 5 Minutes

Modern Norway was built and industrialised when we started to utilize rivers and waterfalls to produce electricity. Hydropower is still the backbone of the Norwegian power system, and will remain so in the foreseeable future. More than 100 years after the first hydroelectric power plant was built in Norway, nearly all our electricity production is based on hydropower.

Norway’s oil history in 5 minutes

In the late 1950s, very few people believed that the Norwegian continental shelf (NCS) might conceal rich oil and gas deposits. However, the discovery of gas at Groningen in the Netherlands in 1959 caused people to revise their thinking on the petroleum potential of the North Sea. Petroleum activities have contributed significantly to economic growth in Norway, and to the financing of the Norwegian welfare state.