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The European Commission said on Thursday that the EU needs to increase its offshore wind capacity by 25-fold by 2050 to meet its climate change targets
.
In its offshore renewable energy plan, the European Commission mentions that the EU27 will need to add 60 GW of offshore wind capacity by 2030 and 300 GW by 2050
.
Currently, the EU has an installed capacity of 12 GW
of offshore wind.
Achieving these targets means that almost €800 billion of investment is needed for offshore wind development in the EU, which, although not legally binding, will form the basis of
future EU energy policy.
The European Commission said on Thursday that the EU needs to increase its offshore wind capacity by 25-fold by 2050 to meet its climate change targets
.
In its offshore renewable energy plan, the European Commission mentions that the EU27 will need to add 60 GW of offshore wind capacity by 2030 and 300 GW by 2050
.
Currently, the EU has an installed capacity of 12 GW
of offshore wind.
Achieving these targets means that almost €800 billion of investment is needed for offshore wind development in the EU, which, although not legally binding, will form the basis of
future EU energy policy.
