Statkraft is the largest generator of renewable energy in Europe, primarily due to our large hydropower capacity. It is Statkraft’s ambition to maintain and strengthen this position in the future. Our recently adopted Strategic Platform document describing our strategy, plans and investments up to 2015 confirms that a strong position in offshore wind power will be necessary if Statkraft is to maintain its leading position in renewables. To build a strong position in offshore wind, we need to create a basis for growth in the UK which we believe will be the most expansive market for offshore wind over the next few years. Forewind provides us with a means to achieving this.
Statoil’s strategy is to leverage its extensive offshore oil and gas competence to achieve a major position as an offshore wind developer, with the United Kingdom as its primary market. Stepwise growth within the new energy arena is one of Statoil’s three key strategy focuses. Within new energy, offshore wind is a major priority as it is where we can best utilise our offshore oil & gas expertise.
Joining the Forewind consortium for The Round 3 Offshore Wind Farm Programme in the UK provides an opportunity for Statoil to take the next big step towards fulfilling its strategy and ambition.