Offshore wind

Harnessing the force of the wind

Targeting the emerging offshore windpower markets in Scandinavia, the Baltics and beyond.

Windpower will be one of the most important sources of renewable energy towards 2050.
It is expected to reach 20 % of the world’s electricity production by 2050, with 15 % of the new production capacity anticipated to come from offshore installations, according to IEA.

Seagust

Ownership share

47,5%

Partner

Ferd
Vattenfall

Combines globally leading offshore wind capabilities with leading Norwegian long-term industrial owners. Highly competent and credible partners. Global offshore wind track record combined with Norwegian heritage. Vergia and partners with group synergies, e.g. towards Volue. Potential to scale globally.

Focus areas

Early mover in the next leading fuels for the maritime sector.

Developing energy parks in the Norwegian market, facilitating the establishment of power intensive, green industry.

Small scale hydropower projects utilizing the height of falls in the Arendal watercourse. Looking at opportunities to expand the portfolio.

Innovative and cost-efficient solutions to solve the energy transmission needs of future offshore wind farms.

Targeting a position in the battery industry and exploring synergies with Arendals Fossekompani’s battery initiative Ampwell.

Working towards taking a position within the solar value chain, considering solar photovoltaics (PV) as well as heating- and cooling technologies.

Seeking to enter the field of carbon capture, an important emissions reduction technology that can be applied across the energy system.