It is definitely realistic. In May 2022, the heads of government from Denmark, Germany, the Netherlands and Great Britain signed the so-called ‘Esbjerg Declaration’. It sets a direction that will turn the North Sea into Northern Europe’s biggest energy supplier. The joint ambition of the North Sea countries is to increase the total production capacity for offshore wind to 65 GW by 2030 and to165 GW by 2050. This means that in less than 30 years, wind from the North Sea will produce twice as much electricity as all coal-fired power plants in the entire EU do today.
But although we produce a lot of renewable energy in that we, we must develop better methods for storing electricity and converting it into other forms of energy such as liquid fuels, gases and heat, so that energy can be moved and stored for days when the wind is not blowing, and solar cells do not get enough sunlight. We take up that challenge positively and will solve it!
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