Wind Energy Science
Wind Energy Science
WES
Articles | Volume 10, issue 1
Articles | Volume 10, issue 1
https://doi.org/10.5194/wes-10-293-2025
© Author(s) 2025. This work is distributed under
the Creative Commons Attribution 4.0 License.
https://doi.org/10.5194/wes-10-293-2025
© Author(s) 2025. This work is distributed under
the Creative Commons Attribution 4.0 License.
Articles | Volume 10, issue 1
Research article
 | 
27 Jan 2025
Research article |  | 27 Jan 2025

Optimal allocation of 30 GW offshore wind power in the Norwegian economic zone

Sondre Hølleland, Geir Drage Berentsen, Håkon Otneim, and Ida Marie Solbrekke

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Short summary
The paper applies portfolio selection methodology to the problem of allocating offshore wind farm resources to various potential wind farm regions in Norway. The allocation aims to achieve high and stable wind power production under various constraints. Spreading the wind farms geographically has a large impact on the stability of the portfolio in terms of variance, and the results are consistent for the two sets of candidate regions studied. Sequential selection gives a good solution.
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