• Sat. May 18th, 2024

Government’s Offshore Wind Power Delay Prompts Criticism from Industry Players in Finland

BySamantha Jones

May 5, 2024
Government denies requests to allocate domestic water for wind power projects – Economy

The decision by the government to delay the construction of offshore wind power projects in Finland’s economic zone has been met with criticism from some players in the wind power industry. A total of 11 companies had applied for exclusive rights to use 16 areas in the Gulf of Pohjanlahti for offshore wind power development. However, the government has chosen not to grant exclusive rights to any specific company for a set period of time.

The Ministry of Labor and Economy reported that these companies had applied for exclusive rights to use the areas for offshore wind power for 40-70 years, with some areas overlapping with each other. However, the decision does not prevent the construction of wind power projects in these regions. The government’s aim is to establish clear guidelines regarding the conditions for building wind power in the economic zone.

Kari Klemm, an advisor to the Ministry of Labor and Economic Affairs, noted that while the government supports offshore wind power projects, they must ensure that the wider impacts of such projects are considered. The government is currently preparing a new law on offshore wind power in the economic zone, which will establish the process for selecting operators for specific sea areas through a tendering process. The goal is to have the law in effect by the end of the year.

Some companies, including Finland’s utility wind and Sweden’s OX2, raised concerns about the negative impact of the government’s decision on their offshore wind projects. Finland’s utility wind highlighted

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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