EnergyWatch

Statkraft takes U-turn on offshore wind

The Norwegian utility is entering a domestic offshore wind project despite previously stating the opposite. Industry development has made it more profitable, says CEO.

Photo: PR / Statkraft

Already back in December of 2015, Statkraft announced it would direct its attention toward technologies other than offshore wind, and the company even set all its wind-at-sea assets for sale.

In February 2020, the utility even firmly stated that offshore wind had no immediate future at the Norwegian power company.

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