EU Bid to Swap Russia Gas for Offshore Wind Is Falling Short
- Europe isn’t on track to hit offshore wind goals, Orsted says
- Offshore wind ramp-up is crucial to cut CO2 and natgas imports
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European efforts to rapidly scale-up offshore wind farms to help cut dependence on Russian natural gas and reduce planet-warming emissions are falling short as developers struggle to deliver projects.
Significant changes in how governments offer new developments as well as incentives for hydrogen production are crucial to get Europe on track to reach its renewable power goals, which are key to the EU’s climate and energy security plans, according to Rasmus Errboe, head of Europe for Orsted A/S, the largest offshore wind farm developer in the region.