The Norwegian Minister of Trade and Industry, Iselin Nybø, has announced that the Ocean Grid project will get financial support of 82.7 million NOK, through the Green Platform scheme. The project will develop new technology, knowledge and solutions to enable a profitable development of offshore wind on the Norwegian continental shelf.It will look particularly at the way offshore wind will be connected to the grid. The work will focus on both bottom-fixed and floating wind farms. The project partners will also bring their own financial contributions to the table, raising the total to 125.5 million NOK for the development of the offshore grid. Both the supply industry and energy companies will participate actively in the project, together with the research institutions. The project will span over three years. It will develop Norwegian technology and a supply industry to provide new cable designs, subsea technology and floating converter stations. Ocean Grid also has a research component, led by SINTEF, that will solve specific research challenges.
