Hedging bets on European offshore wind

Northern Europe, also known as the cradle of offshore wind, is one of the most attractive areas because of it shallow waters, wind speeds, local competencies, and access to established supply chains.

It’s a critical piece of real estate and it’s the centre of Statkrafts renewed strategic focus on offshore wind.

David Flood, Senior Vice President Offshore Wind at Statkraft, explains why the Norwegian hydropower giant has returned to offshore wind and is now working to position itself as an industrial developer and operator in the sector.