ShippingWatch

Carriers and investors predict major investments with large offshore wind plan: "We need to get started now"

Four EU countries’ plan to markedly expand offshore wind capacity in the North Sea will need major investments, assess wind carriers and investors. Trade association Danish Shipping calls for ”green regulatory highway,” which is supported by Cadeler’s CEO.

The offshore wind plans from Denmark, Germany, the Netherlands and Belgium mean enormous investments in order to multiply the offshore wind capacity in the North Sea to 150 GW in 2050. | Photo: Finn Frandsen/Politiken/Ritzau Scanpix

Danish offshore wind carriers and pension providers predict that four EU countries’ large-scale offshore wind plan will entail enormous, billion-dollar investments in order to multiply the offshore wind capacity in the North Sea to 150GW in 2050.

But also Norway and the UK, which are not part of the EU, have major plans for offshore wind farm investments. These plans will also lead to massive investments and increase demand, states wind carrier Cadeler to ShippingWatch.

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