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German-Danish Offshore Wind Hub to Help Replace Russian Gas

  • Bornholm Energy Island will have 3 gigawatts of capacity
  • Project will need 9 billion-euro investment, governments say
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A 9 billion-euro ($9 billion) offshore wind power hub planned in the Baltic Sea will mark a significant step in the process of weaning Europe off its reliance on Russian gas, according to the German and Danish governments.

The so-called Bornholm Energy Island will link several wind parks and distribute the energy they produce between the two countries. The project will have capacity of more than 3 gigawatts -- enough power for as many as 4.5 million households -- after it begins operation in 2030.