07 Jun '17, 12pm

Europe Is About to Go into Overdrive with Offshore Wind Power

Europe Is About to Go into Overdrive with Offshore Wind Power

The governments of Germany, Denmark and Belgium backed a pledge to install 60 GW of new offshore wind power next decade, more than fivefold existing capacity. Energy ministers from the three countries joined chief executives from 25 companies including Dong Energy A/S, the world’s biggest offshore wind developer, to issue a statement pledging to work together to increase investment and reduce costs. The statement, signed Tuesday in London, builds on an agreement by 10 northern European countries last year to work together to cut the cost of installing wind turbines at sea. Trade body WindEurope said it will ask the seven countries absent from today’s signing to also support the statement. Some countries, like the U.K., need to wait until after their general elections are held, the industry group said. There were about 13.8 GW of offshore wind globally last year, according ...

Full article: http://www.renewableenergyworld.com/articles/2017/06/euro...

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