NSEC Accelerates the Energy Transition

NSEC members want to accelerate the EU's energy transition through offshore wind. They are aiming for 260 GW by 2050.

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NSEC, North Seas Energy Cooperation, seizes the historic opportunity to accelerate Europe’s transition to energy independence.

NSEC’s ambition

The energy ministers of the NSEC member countries and the European Commission announce their new target. This is a significant increase in their collective ambition in the deployment of offshore renewable energy.

At their ministerial meeting in Dublin, under the Irish presidency, NSEC ministers agreed on global, non-binding offshore renewable energy targets for the maritime area of the entire region.

The nine NSEC countries have agreed to reach at least 260 GW of offshore wind power by 2050. This represents more than 85% of the EU-wide ambition to reach 300 GW by 2050. Ministers and the Commission reaffirmed their commitment to cooperation within NSEC as the framework for achieving their increased offshore ambitions.

A key role in the EU’s energy transition

Welcoming the new targets, Energy Commissioner Kadri Simson said:

“Today’s commitment is an excellent example of the kind of regional cooperation the Commission envisioned in its offshore renewable energy strategy. […] The transition to green energy has only become more urgent since the Russian invasion of Ukraine. Accelerating the deployment of renewable energy is one of the three pillars of the REPowerEU plan. Increasing renewable energy will therefore help improve the sustainability of our energy sector and enhance our security of supply.”

At the ministerial meeting, Ireland’s Minister for the Environment, Climate and Communications, Eamon Ryan, added:

“In Ireland alone, our sea area is seven times our land mass. The North Atlantic and North Sea are some of the windiest places in the world. It is our largest collective resource of continuous energy. So it is important that we have agreed to be ambitious in our goals. […] When it comes to realizing the potential of offshore wind, again, it’s best that we work as one, set agreed-upon goals and operate as a collective. With this approach, we can provide assurance to households and businesses that Europe will be energy independent.”

Italian group Agsm Aim has completed the acquisition of four wind farms in Apulia totalling 52.6 MW, marking a new step in its national growth strategy in the renewable energy production sector.
Twenty-five years after the opening of the first offshore wind farm at Blyth, offshore wind now provides nearly a fifth of the United Kingdom’s electricity and supports a domestic industry employing 40,000 people.
Edison plans to launch over 500 MW of new wind and solar construction sites in Italy in 2026, backed by a €600mn ($647mn) investment, as part of its strategic growth plan in renewable energy.
GE Vernova will equip the Gurbanesti wind farm with 42 onshore 6.1 MW turbines in a second deal with Greenvolt in Romania, consolidating a combined capacity of around 500 MW.
RWE has secured contracts for four renewable energy projects totalling 68 MW in Italy, with construction set to begin in 2026, reinforcing its expansion strategy in the market.
RWE and TotalEnergies will install 66 Reef cubes® around the foundations of 11 turbines at the OranjeWind wind farm, marking one of the largest applications of artificial reefs in the North Sea.
Swedish energy group Vattenfall introduces "Rewind", an interactive platform designed to commercially repurpose technical parts from dismantled wind turbines.
The rapid growth of onshore wind in Southeast Asia is at risk due to inflexible public policies and inadequate power transmission infrastructure.
Enefit Green has sold its only wind farm in Finland to Canadian fund TD Greystone Infrastructure Fund, refocusing operations on the Baltic states and Poland in a regional concentration strategy.
McDonald’s UK commits to purchasing all electricity from the Douglas West Extension Wind Farm, a 66 MW project developed by Capital Dynamics in Scotland, under a long-term agreement managed by ENGIE.
Swedish developer OX2 acquires three onshore wind projects totalling 235 MW in Romania, pushing its portfolio beyond 1.1 GW in a rapidly growing market.
Danish group Vestas is expanding its blade plant in Poland and creating more than 300 jobs to supply turbines to Germany, the leading onshore wind market in Europe.
The UK government has approved the development consent for the 480 MW Morecambe offshore wind farm, a project led by Copenhagen Infrastructure Partners and scheduled to enter construction in 2027.
Infinity Power has started work on its 200 MW wind project in Ras Ghareb, strengthening its position in the African market with technical support from China's POWERCHINA Huadong.
A partnership between the European Investment Bank and Crédit Agricole CIB aims to generate up to €8 billion in wind energy investments across the European Union through a bank guarantee mechanism.
With a €600mn ($652mn) contribution, the European Investment Bank becomes the main lender of the BC-Wind offshore wind project developed by Ocean Winds off the Polish coast.
Cadeler has taken delivery of its tenth wind turbine installation vessel, Wind Mover, delivered ahead of schedule and immediately deployed in Europe, strengthening its capabilities amid rising industrial demand.
Levanta Renewables partners with Triconti Windkraft Group to develop an onshore wind farm in Quezon province, scheduled to begin operations in 2028.
BW Ideol Projects Company acquires a minority stake in the Méditerranée Grand Large project, strengthening its partnership with EDF power solutions and Maple Power in the Mediterranean floating offshore wind sector.
Octopus Energy joins a global initiative to accelerate renewable energy deployment in Africa, committing $450mn through its Power Africa programme to supply electricity to more than one million people.

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