The UK and Norway have launched a Green Industrial Partnership to combine respective capabilities on clean energy and drive economic growth.
The new agreement – which the two countries have a joint ambition to sign in spring 2025 – will support the UK’s aim to secure homegrown energy, protect billpayers, and put Britain on track to be a “clean energy superpower” by 2030.
Today’s announcement also comes as Flotation Energy and Vargronn have awarded engineering contracts or their 560MW floating offshore wind farm Green Volt off Scotland.
Based off the Northeast coast of Scotland, it is the first major commercial floating wind development in Europe, and a joint venture between Norwegian Vargronn and UK firm Flotation Energy.
Prime Minister Keir Starmer said: “This Green Industrial Partnership will allow us to seize the opportunities from a new era of clean energy, driving investment into the UK and boosting jobs both now and in the future.
“It will harness the UK’s unique potential to become a world-leader in carbon capture – from the North Sea to the coastal south – reigniting industrial heartlands and delivering on our Plan for Change.
“Our partnership with Norway will make the UK more energy secure, ensuring we are never again exposed to international energy price spikes and the whims of dictators like Putin.”
Prime Minister Jonas Gahr Store said: “We need cooperation, knowledge and innovation to better equip us to face the future.
“The partnership with the UK will be important to facilitate more green jobs both in Norway and the UK, and for advancing the green transition … It is important to show our partners what Norway can bring to the table in our joint efforts to achieve our common goals.”