New Energy
Danish Investors Sketch Idea for $160 Billion Offshore ‘Energy Islands’
Copenhagen Energy Islands want to create hubs out in the sea that combine wind power and hydrogen production.
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One of the world’s biggest investors in offshore wind farms is launching a new company that plans to build artificial islands in the North Sea to supersize the green energy projects.
Copenhagen Energy Islands, backed by Copenhagen Infrastructure Partners, aims to invest some €150 billion ($163 billion) in the coming decades on a series of islands that will use massive wind turbines to generate electricity and power green hydrogen production offshore. That is if they can overcome various technological and political hurdles.