The blustery business case for offshore wind: stormy paths ahead?

Just a few years ago, the cost of offshore wind was lower than ever and the future looked bright. But recently, investors cancelled projects in the face of rising costs. New ideas are needed to turn the tide.

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Energy infrastructure in the North Sea: a time-sensitive international challenge

Europe’s energy system will already have to reach net-zero emissions in the 2040s. The timeline for developing the North Sea’s role in this is tight and requires an internationally coordinated approach. Rapid development of offshore electrolysis should complement an accelerated roll-out of high-voltage DC electric connections combined with strengthening interconnections, both for electricity and hydrogen. Offshore hydrogen storage in salt caverns and empty gas fields can be a valuable complement.

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