The seas of Europe contain significant untapped renewable energy possibilities, ranging from significant wind potential to wave energy and floating solar generation. We must exploit these significant resources and produce renewable energy on a previously unimagined scale. From the Black Sea in the east to the Mediterranean in the south and the Baltic in the north, the potential is enormous.
From a technological and political standpoint, taking this step will be difficult. Numerous floating wind turbine wind farms will need to be built, and enormous volumes of renewable energy will need to be distributed to European consumers.
Member states must collaborate to plan and build the power lines necessary to ensure the efficient use of these resources. They also have to accomplish it at a hitherto unanticipated speed. As a result, it is critical that the offshore energy market is fit and equipped to drive the deployment of offshore energy.
This objective is attainable, but we will need to be visionary in order to achieve it. The Danish government’s approach to this dilemma is to build “energy islands” far out in the ocean.
The energy island will function as an offshore power plant as well as a hub for multiple offshore energy technologies, collecting and delivering green electricity to European consumers.
The great thing about the energy island concept is that it is scalable, which means that more offshore production and new power connections may be added over time. This provides the vision and flexibility that will be required to meet the EU Climate Law’s climate targets.
In November 2020, the European Commission proposed an offshore energy strategy, with a goal of at least 60 GW offshore energy by 2030 and 340 GW by 2050. This will be a significant boost over the present 12 GW of offshore wind capacity.
The goals are both high and well-known. However, I believe that by 2030, we may be even more aggressive in terms of increasing offshore wind power output.
By 2030, we should have taken significant progress toward achieving 340 GW. As a result, it’s critical that the offshore energy market is ready to drive the expansion of offshore energy deployment. This will necessitate a fair distribution of gains and effective pricing signals. With the offshore plan, the EU is creating a unified framework for offshore energy development as well as the tools needed to get there.
Member states must work together to plan and build the power lines that will ensure that these resources are used efficiently.
The European Parliament and the Member States should be able to track whether or not they are on track to meet their objectives. As a result, the Commission should establish a straightforward monitoring system and report every two years to Parliament and national governments on whether we are on course to fulfill the appropriate targets.
Drive down any European highway and you’ll notice high-voltage electricity lines following the road’s path. A complex electricity matrix of overground and subsurface power cables links Europe together, just as European roads do.
The infrastructure required to transport renewable energy to end users is just as crucial as putting wind turbines in Europe’s oceans. In fact, preparing onshore and offshore electricity infrastructure to allow the green transition should be a top priority.
Unfortunately, not all Member States have prioritized cross-border power lines. Despite the fact that they will be critical for establishing a flexible power flow that will provide all citizens with affordable and environmentally friendly energy.
It will be critical to connecting renewable energy production off the coast of Europe with consumption in Europe. We should already be planning the energy terminals that will receive and deliver offshore energy to the rest of Europe. This will also necessitate Member States following through on their promise to meet the EU’s connectivity objective of 15% of total energy generation.
Offshore wind is already a significant resource with a demonstrated commercial viability. With energy islands and a large buildout of offshore energy production, we can carry our adventure even farther, meeting the diverse demands of Member States. As a result, as part of the strategy, we must continue to encourage research.
Offshore energy development, scaling up, and commercialization The synergies between hydrogen and offshore renewable energy need to be further investigated. Renewable energy has a lot of potential for decarbonizing heavy transportation, shipping, and aviation. The potential of merging energy islands with hydrogen generation becomes even more practical with energy islands.
Europe has a strong chance of becoming the world leader in offshore energy, offering low-cost green energy to European homes while also ushering in the next phase of an industrial adventure.