The existing offshore wind farms have a strong position as a source of energy in Europe, their total generation capacity amounts to 20 GW. Europe has five-fold greater potential, estimated at 50–90 GW from new projects by 2030.
The European Union is aiming for 230-450 GW by 2050. Reaching 450 GW would make Europe climate neutral.
According to the International Energy Agency (IEA), offshore wind could become the number one source of power generation in Europe already by 2042.
For more information about the role of Offshore Wind Energy and its role in transitioning the European Energy market click here.
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