Heads of government from the North Sea countries met in the Danish town of Esbjerg on Wednesday (18 May) to sign a cooperation agreement on offshore wind development and green hydrogen. They will target at least 65 GW by 2030 and 150 GW by 2050.

In a joint declaration, the North Sea countries state their intention of becoming the “Green Power Plant of Europe”. The North Sea’s reliable winds, shallow waters, and proximity to industrial centres that are big consumers of electricity, makes it a perfect fit for the installation of offshore wind farms.

The agreement aims for a tenfold increase offshore wind power capacity in the region, with total investments from the private sector expected to reach €135 billion.

Guest post from EurActiv