Energy firms urge EU to back offshore wind | ©The Guardian
A group of offshore wind companies have pledged that the technology will generate electricity as cheaply as fossil fuels in Europe within a decade – but only if policymakers across the EU take the steps needed to ensure such growth as a matter of urgency.
The pledge(pdf) and the challenge to ministers are designed to reposition offshore wind as having a strong future in the EU. The European commission has tended to emphasise gas as the priority source of energy security.
The companies include the renewable energy arms of General Electric, Siemens, RWE, Iberdrola, Statoil and Vattenfall.
In an open letter, chiefs or senior executives from the 11 companies wrote: “Offshore wind will be fully competitive with new conventional power generation within a decade. The industry is on track to achieve its cost reduction ambitions and will be an essential technology in Europe’s energy security and decarbonisation objectives.”