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Projects

Aker Offshore Wind has a global and expanding portfolio, including active projects in South Korea and California. We also have a pipeline of prospects in Europe, the U.S. and Asia.

South Korea

  • The South Korean Government’s IES 2030 plan targets an increase in renewable power generation from 8% to 20% by 2030 and 30-35% by 2040.
  • Aker Offshore Wind owns a share of the project development company KF Wind which has secured one out of five Memorandum of Understandings (MoUs) with Ulsan City and three potential sites for development.
  • The project has a total potential capacity of 1,500 MW with electricity production from first phase of 500 MW from 2025-26, to be developed in a strong consortium with Ocean Winds and local partner, WPK.

United States

  • California has set ambitious goals for renewable energy, targeting 60% of the electricity produced from renewables by 2030 and carbon neutrality by 2045.
  • The Redwood Coast Offshore Wind Project (RedCOW) was established in 2018 as a consortium with Aker Solutions and EDP Renewables (now Ocean Winds).
  • Project has the potential to be a flagship project for the state, with an initial capacity of 150 MW by 2025.

Norway

  • The Norwegian government has opened two areas for offshore wind development with a potential capacity of about 4.5 GW: Sørlige Nordsjø II and Utsira Nord
  • Aker Offshore Wind has partnered with Statkraft and bp. The partnership – in which Statkraft, bp and Aker Offshore Wind will each hold a 33.3% share – will pursue a bid to develop offshore wind power in the Sørlige Nordsjø II (SN2) licence area.
  • Aker Offshore Wind targets cooperation with Aker BP to drive industrialization of offshore wind and thereby create an opportunity for large-scale electrification of the Norwegian Continental Shelf
  • The two projects seek to realize a power hub infrastructure and an energy island for power export to continental Europe.

United Kingdom

  • The Aker group of companies have had a presence in the UK since the 1980s.
  • The United Kingdom has ambitious plans to reach zero emissions by 2050 with targets of 40 GW of offshore wind deployed by 2030. The United Kingdom is a world leader in the deployment of offshore wind and plans to continue to do so.
  • The upcoming ScotWind leasing round is due to open for applications in July 2021. This round aims to provide ~10GW of new offshore wind generation with a focus on splitting the portfolio between fixed bottom and floating wind deployment.
  • A large offshore wind pipeline has allowed the UK to develop a strong local supply chain. ScotWind will take this to the next level ensuring continued innovation, skills transitioning, employment, and economic growth.
  • An agreement is in place between Ocean Winds and Aker Offshore Wind to jointly bid in the upcoming Scotwind process.

Sweden

  • The Swedish government set ambitious plans in 2016 to achieve both 100% renewable electricity production by 2040 and to have no net emissions of greenhouse gases by 2045.
  • Aker Offshore Wind has entered into an agreement with Swedish company Hexicon AB to mature early phase projects in Sweden.
  • Ambitions to develop projects in Swedish waters with combined capacity of several gigawatt.