Commodities and Futures News

Group of EU countries agree on boost to offshore wind power capacity

2022.08.30 19:10

Group of EU countries agree on boost to offshore wind power capacity
Danish Prime Minister Mette Frederiksen Latvian Prime Minister Krisjanis Karins, Estonian Prime Minister Kaja Kallas, Finnish Prime Minister Sanna Marin, Lithuanian President Gitanas Nauseda and European Commission President Ursula von der Leyen chat upon

COPENHAGEN (Reuters) – Eight European Union countries bordering the Baltic Sea have agreed to increase offshore wind power generation capacity sevenfold by 2030 to decrease dependency on Russian energy, Denmark’s prime minister said on Tuesday.

The pledges come after Russia has either reduced or halted gas supplies to some countries since its invasion of Ukraine.

“We share a great potential for offshore wind,” Danish Prime Minister Mette Frederiksen said at an energy summit in Copenhagen. “As long as we depend on fossil fuels, we are vulnerable.”

The Baltic Sea currently has 2.8 gigawatts (GW) offshore wind capacity installed, with almost all of it in Danish and German waters.

The agreement was made at a summit attended by European Commission chief Ursula von der Leyen and ministers and lawmakers from Denmark, Germany, Poland, Lithuania, Latvia, Estonia, Finland and Sweden, which all border the Baltic Sea.

Source

Related Articles

Leave a Reply

Back to top button