Definition
Offshore wind is wind power produced by turbines located at sea, either bottom-fixed (in shallow water) or floating (in deep water). Norway's long coastline and large sea areas offer significant potential - particularly in floating offshore wind, where Norway is a technology leader. NVENorway's Directorate of Water Resources and Energy - regulates the electricity and water resources sectors. and the Ministry of Petroleum and Energy award licences for designated offshore wind areas (including Sørlige Nordsjø II and Utsira Nord). Offshore wind is more expensive to construct and operate than onshore wind, but typically delivers higher and more predictable wind production. Integration of offshore wind into the Norwegian power system requires substantial grid development, and production data must be reported via ElhubNational hub for metering data and market processes in the Norwegian electricity market. as ordinary settlementTurning metering data into money. Consumption and production per metering point become what each party owes or is owed. points.