Ministers signed a plan how to boost offshore wind energy

Offshore wind power got a double boost this week when leading wind power and turbine producers announced that offshore wind power will become more competitive during the next decade, and energy ministers signed a plan how to reach this goal.
A political declaration and action plan was signed in Luxembourg by nine Ministers and Vice-President for Energy Union Maroš Šefčovič and by Commissioner for Climate Action and Energy Miguel Arias Cañete with the aim to reduce the costs and accelerate the deployment of wind power at sea.

In practise this means cooperation in planning both the sea areas and grid but also in harmonising technical rules and standards across the region, which will help reducing costs throughout the lifecycle of generation facilities. Previous Commission studies have shown the potential for up to €5.1 billion worth of savings when taking a coordinated approach to offshore grid development. 

The Memorandum of Understanding (MoU) and Work Programme was signed by Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway and Sweden.

The signing of the MoU came on the same day as 11 leading energy companies sign a declaration saying offshore wind can reduce costs to €80/MWh by 2025 with a strong pipeline of projects.

Read more: European Commission and WindEurope