EU ramps up efforts to accelerate world leadership in offshore renewable energy

| November 19, 2020 | 0 Comments

By EU Reporter Correspondent

The European Commission presented its EU Strategy on Offshore Renewable Energy today (19 November). The Strategy proposes to increase Europe’s offshore wind capacity from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. The new push on offshore energy is to help the EU to reach its goal of climate neutrality by 2050.

Executive Vice-President for the European Green Deal, Frans Timmermans said: “Today’s strategy shows the urgency and opportunity of ramping up our investment in offshore renewables. With our vast sea basins and industrial leadership, the European Union has all that it needs to rise up to the challenge. Already, offshore renewable energy is a true European success story. We aim to turn it into an even greater opportunity for clean energy, high-quality jobs, sustainable growth, and international competitiveness.â€�

Commissioner for Energy, Kadri Simson, said: “Europe is a world leader in offshore renewable energy and can become a powerhouse for its global development. We must step up our game by harnessing all the potential of offshore wind and by advancing other technologies such as wave, tidal and floating solar. This Strategy sets a clear direction and establishes a stable framework, which are crucial for public authorities, investors and developers in this sector. We need to boost the EU’s domestic production to achieve our climate targets, feed the growing electricity demand and support the economy in its post-Covid recovery.â€�

Source:: EU Reporter Feed

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