At the moment, officials in Brussels are working on the package of measures and methods that will aid and enhance the offshore wind industry in general, as part of their Green Deal investment plan.

Under the terms of the program, the potential for wind farms sited in water would be further unlocked, while through reliable breezes technology becomes an increasingly cheap way to produce clean electricity.

While politicians want turbines sited far away form the eye of voter who disapprove wind farms on land, the offshore industry has been hobbled by bureaucratic hurdles and competition for deals, making each project less profitable to construct.

We will have a strategy for offshore wind so that joint projects for big parks can be finalized. From our side it means the solutions how we can support investments into grids, because offshore wind parks will be built in the regions where we don’t have any grid connections yet. Energy Commissioner, Kadri Simson said during an interview in Brussels.

As Bloomberg further reported, in the following period, the EU energy and environment department along with the EU regulatory arm will join forces to draft the strategy plan.

Specifically, Europe will pay attention to spatial planning and financing for grid expansions needed to enhance the offshore projects.

One key point of the strategy for offshore would “consider how different member states will fulfill their energy targets by cooperating on one site where the grid connection goes to a certain spot in the mainland.

...Kadri Simson continued.

By tending to focus on offshore industry, EU believes that has massive potentials which will generate clean electricity. The International Energy Agency estimated that offshore will grow by 2.2% and will draw in $840 billion over the next two decades.

Concluding, Europe aims to be climate neutral by 2050 and attract more investors in clean technologies though the Green Deal, tackling the global climate change.