US EditionNorth Sea Wind Gamble Faces Harsh Reality of US Freeze - Economic Scenarios
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3 Articles
The European countries bathed in the North Sea showed these days in Hamburg, in northern Germany, their determination to promote there a colossal plan of offshore wind energy. To this end, they have approved an investment pact to connect these offshore energy facilities to the electricity networks of several countries to create “affordable energy and reduce strategic dependencies” in a context of high geopolitical risk.
Nine countries pledge ‘European independence’ through North Sea wind - Global Construction Review
Energy ministers from nine North Sea-region states this week met in Hamburg pledging to make offshore wind Europe’s “path to true independence”. Signed on Monday, the “Hamburg Declaration” commits Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway and the UK to cooperate on developing 100GW of North Sea generating capacity by 2050, starting with 20GW in the 2030s. Ministers pledged better cross-border finance and p…
North Sea wind gamble faces harsh reality of US freeze - Economic Scenarios
While nine European countries plan 100 GW of offshore wind to cut off gas, the United States reminds us that, when the cold really bites, nuclear, gas and even oil are still what keep the lights on. For four years now, the Old Continent has been trying to reduce its dependence on energy imports. The results have been partial, often achieved through "demand destruction" caused by unsustainable prices for industry. However, just this month, part o…
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