The challenging staffing situation could end up resulting in failure to maintain extraction efforts, according to the latest update on activities in the Norwegian North Sea by the Petroleum Safety Authority.
Norway's Energy Minister Tina Bru's rejection of Andmyran Vind's postponed commissioning means that plans for a 160 MW wind farm as well as a connected hydrogen plant are now shelved. Developers and local politicians are disappointed and surprised.
Finally, Sweden's authorities now announce that they're working to end the national RE subsidy scheme by the end of 2021. The domestic wind sector has long yearned for its discontinuation, but the proposal, however, is useless in its current formulation, says sector lobby.
After going through an already strained period, oil service firm Aker Solutions has seen a significant downturn in economic activity since the coronavirus broke out, as is evident in the annual report, which also reveals a major pay cut for CEO Luis Araujo.
Energy Norway is feeling the effects of the corona crisis, which has halted installation and construction on nearly all projects. 30 percent of Energy Norway's members expect to lay off people, while 48 percent expect to downsize business.
Heavy downgrades don't affect the German gas giant's development plans in Denmark, where a major find is planned to be worked into the development of the Ravn field. The company is also preparing to drill a new well in the North Sea.
Norway's wind sector is particularly vulnerable to closed borders. The spring of 2020 should have seen a boom with hundreds of newly installed wind turbines, but now a total construction halt is looking more likely, says CEO of industry association.
"Burning is the problem," says Helen Hagel, head of climate and environmental policy at Greenpeace Denmark. She dismisses the oil industry's proposal to cut two thirds off emissions from North Sea extraction.
Swedish authorities make a long-awaited proposal to discontinue the Norwegian-Swedish RE certificate subsidy program nine years ahead of schedule. Developers know the scheme is on the verge of collapse, says a satisfied domestic sector lobby, while its Norwegian counterpart is less pleased.