Norway ramps up offshore wind targets
Country’s green power exports to rise as government targets 30GW of offshore wind capacity by 2040
Norway aims to boost its exports of green power under an ambitious offshore wind strategy unveiled this week by Prime Minister Jonas Gahr Store. The government aims to deploy 30GW of offshore wind capacity by 2040, nearly doubling the country’s existing power capacity. A “significant” share of the power generated offshore will be earmarked for export as the Norwegian grid will be unable to manage such large additional volumes. Offshore wind will also be used to electrify Norway’s oil and gas sector. “Increased offshore wind production can also help cover power needs in the petroleum business. The government will therefore consider how the petroleum industry can best contribute, so that the i
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined






