Updated: Jan 23
Written by Martin Bush, Nov 30, 2020
Europe is betting big on offshore wind to lead the way towards its target of net zero emissions by 2050. The USA is playing catch-up, while Canada is missing in action. The Canadian government seems oblivious to the fact that the country has hugely valuable offshore wind resources.
Across the pond, Europe has some of the world’s best offshore wind. With 12 Gigawatts (GW) of offshore turbines already up and running, the European Union has announced plans to ramp up capacity to 60 GW by 2030. This doesn’t include the brexited UK which, on November 25, published a 10-point plan to achieve net zero energy by 2050. Top of the list? A target of 40 GW of offshore wind operational by 2030. This ambitious program is not just wishful thinking. Last week, two European companies announced they had completed a deal to finance what in 2026 will be the world’s largest offshore wind farm. The Dogger Bank project, located off the northeast coast of the UK, will have a total rated capacity of 3.6 GW.