{"id":80,"date":"2017-04-26T13:01:09","date_gmt":"2017-04-26T13:01:09","guid":{"rendered":"https:\/\/ar.veo.fi\/2016\/?page_id=80"},"modified":"2017-05-04T12:08:45","modified_gmt":"2017-05-04T09:08:45","slug":"wind-power","status":"publish","type":"page","link":"https:\/\/ar.veo.fi\/2016\/annual-report\/wind-power\/","title":{"rendered":"Wind Power"},"content":{"rendered":"

We experienced an all-time high in all areas, including hydropower and substations. I\u2019m particularly excited about our wind power projects. Last year an increase of 140 % Norwegian wind power capacity was under construction, and VEO was involved in that growth.<\/p>\n

Although the electricity certificate programme run by Sweden and Norway creates uncertainty in the renewable energy market, we landed, among others, two of the largest construction projects in 2016: Egersund and Hamnefjell. We were also chosen as preferred supplier for three upcoming new wind farms. Moreover, several interest groups have plans to build out significant wind power capacity throughout the country in the future. Let\u2019s hope for some good political decisions which turn these ideas into profitable projects. However, wind power doesn\u2019t necessarily have to be entirely dependent on politics. As advancements in technology and lower production costs will increase profitability, wind power investments can become stand-alone without financial support schemes. Others look for alternative financing models. For example, Google decided to supply their European data centres with 100 % of renewable energy sources and signed a 12-year contract for power supply from a wind farm in Norway. I think the years leading up to 2030 will be very interesting indeed.<\/p>\n\t\t\t\t

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VEO is known as the guy who isn\u2019t afraid to take on challenges \u2013 not because he\u2019s stupid enough to do it, but because he can handle the risks professionally.<\/p>\n\t\t\t<\/blockquote>\n\n\t\t\t

\n\t\t\t\tViktor Forss\t\t\t<\/h4>\n\n\t\t\t
\n\t\t\t\tManaging Director, VEO AS, Norway\t\t\t<\/div>\n\t\t<\/div>\n\t\n

Personally, I believe in a fully electric future. Not surprisingly, Norway will be a forerunner when it comes to electrical development. Because electricity is widely available, most households have electrical heating. Also, every sixth new registered car in 2016 was powered by electricity. Moreover, the Norwegian national grid operator, Statnett, is expanding from North to South, with the aim of connecting all wind farms and hydropower plants in the country to the grid. New high voltage cable links are planned from Norway to Germany and the UK, making Norwegian wind power attractive. The result? Norway will triple its power capacity by exporting renewable energy equalling 5 nuclear power plants. Once the infrastructure is in place, Norway will become a European battery.<\/p>\n

I\u2019ve learnt that the wind power business requires a fearless attitude and courage to take on things that others shy away from. VEO is known as the guy who isn\u2019t afraid to build the internal grid and substation for above 70 windmills and deal with 80 km of high voltage cables. Not because he\u2019s stupid enough to do it, but because he can handle the risks professionally. At VEO, we just make things work. Our job is to stitch together large, complex projects by integrating different kinds of knowledge and products supplied by our global sales network. That calls for an innovative spirit and the will to be solution oriented. Our big projects prove that we can do it. But we won\u2019t stop here \u2013 our easily scalable and thoroughly tested solutions enable us to work without being restricted by the size of the wind farm. So, once the political game takes a new turn, we\u2019ll be there, we\u2019ll be ready. We\u2019ve already spread our wings to catch this gust of wind.<\/p>\n","protected":false},"excerpt":{"rendered":"

In Norway, 2016 was a record-breaking year.<\/p>\n","protected":false},"author":4,"featured_media":272,"parent":38,"menu_order":108,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-80","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nWind Power - Annual Report 2016<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ar.veo.fi\/2016\/annual-report\/wind-power\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wind Power - Annual Report 2016\" \/>\n<meta property=\"og:description\" content=\"In Norway, 2016 was a record-breaking year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ar.veo.fi\/2016\/annual-report\/wind-power\/\" \/>\n<meta property=\"og:site_name\" content=\"Annual Report 2016\" \/>\n<meta property=\"article:modified_time\" content=\"2017-05-04T09:08:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ar.veo.fi\/2016\/wp-content\/uploads\/sites\/3\/2017\/04\/VEO_wind-power.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ar.veo.fi\\\/2016\\\/annual-report\\\/wind-power\\\/\",\"url\":\"https:\\\/\\\/ar.veo.fi\\\/2016\\\/annual-report\\\/wind-power\\\/\",\"name\":\"Wind Power - 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