Forbes: Faroe Islands Aim for 100% Renewable Energy by 2030

The Faroe Islands have set an ambitious goal to achieve 100% renewable energy for all on-land needs by 2030. This target presents unique challenges due to the archipelago's remote location and lack of connection to a mainland grid. Progress towards this objective has been slower than anticipated. In 2024, heavy fuel oil and diesel still accounted for 43% of the islands' electricity generation. The expansion of wind and solar power has faced obstacles including local resistance, adverse weather conditions, and significant costs. Furthermore, a crucial energy storage project has experienced delays. To accelerate progress, the Faroe Islands are exploring tidal power as a key renewable energy source. The Faroese energy company, Sev, is evaluating technology from the Swedish company Minesto, which utilizes underwater kites to capture tidal currents. Projections indicate that this technology could potentially supply up to 40% of the islands' energy demand. According to Terji Nielsen, Head of R&D at Sev, tidal energy is essential for achieving the 2030 renewable energy target.