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EN - European Commission
European . Commission . Brussels, COM(2020) 741 final COMMUNICATION FROM THE Commission TO THE European . PARLIAMENT, THE COUNCIL, THE European ECONOMIC AND SOCIAL. COMMITTEE AND THE COMMITTEE OF THE REGIONS. An EU Strategy to harness the potential of offshore renewable energy for a climate neutral future {SWD(2020) 273 final}. EN EN. 1. OFFSHORE RENEWABLE ENERGY FOR A climate - neutral EUROPE. The world's first offshore wind farm was installed in Vindeby, off the southern coast of Denmark, in 1991. At the time, few believed this could be more than a demonstration project 1. 30 years later, offshore wind energy is a mature, large-scale technology providing energy for millions of people across the globe. New installations have high capacity factors and the costs have steadily fallen over the last 10 years. Today, offshore wind produces clean electricity that compete with, and sometimes is cheaper than existing fossil fuel-based technology.
2030 and become climate neutral by 2050. The European Green Deal Communication fully recognised this potential in contributing to a modern, resource efficient and competitive economy. The 2030 climate target plan outlined why, and how, greenhouse-gas emissions should be reduced by at least 55% by 2030
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