1 week EU to hike offshore wind cap to 300GW Manilatimes |Biz
ANTWERP: The European Union (EU) aims to increase offshore wind capacity from the current 12 gigawatts (GW) to at least 60 GW by 2030 before further expanding to 300 GW by 2050, according to the EU’s strategy on offshore renewable energy issued on Thursday (Friday in Manila). By 2050, an additional renewable capacity of 40 GW related to ocean energy and other emerging technologies such as floating wind and solar will be added as well to help meet the EU’s goal of climate neutrality. To meet the proposed objectives requires an overall investment of nearly 800 billion euros (950 ... more