Offshore Wind is One of the Cheapest RES in Europe

European Maritime Day (EMD) opened on the 16th of May, 2019 in Lisbon, Portugal. This two-day event is the annual EU meeting platform on maritime affairs, focusing on entrepreneurship, research and innovation.

WindEurope CEO Giles Dickson told EMB attendees that offshore wind is 2% of Europe’s electricity today. Europe has 105 offshore wind farms; providing 19 GW of clean energy. But by 2030 there’ll be 70 GW, and offshore wind will be 10% of Europe’s electricity.

Offshore wind is the 2nd cheapest form of new power generation capacity in Europe (after onshore wind). It is cheaper than solar PV, gas, coal and nuclear with levelised cost of electricity is €65/MWh.


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