North Sea States Agree Tenfold Increase in Wind Power

May 2022

Denmark, Belgium, the Netherlands and Germany will jointly push for a massive expansion in wind-generated electricity in the North Sea. That was the result of a summit on May 18 between heads of state and energy ministers in Denmark.

The four agreed to target an increase to at least 65 gigawatts by 2030 and 150 gigawatts by 2050.

“Together with our partner countries, we can expand offshore wind energy in the North Sea region even faster and more efficiently and tap new potential for green hydrogen ,” German Minister for Economic Affairs and Climate Action Robert Habeck said at the meeting. Habeck added that the expansion of this renewable energy source would “further reduce our dependence on gas imports.”

The agreement foresees investments from the private sector of EUR 135 billion, but the European Commission estimates that the ultimate figure could be five times that.

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