Back in 2011, European leaders signed a Memorandum of Understanding (MoU) to boost offshore wind development and to connect all the renewable energy sources in the EU. The MoU was part of a plan to achieve 20% of renewable energy by 2020, reports Oildprice.
The new connections will reduce energy prices, cut waste, secure energy supply, increase efficiency, and boost economies.
Justin Wilkes of the European Wind Energy Association (EWEA) explained that “the benefits of an offshore supergrid are not simply to allow offshore wind farms to connect; if you have additional capacity, which you will within these lines, it will allow power trading between countries and that improves EU competitiveness.”
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Offshore WIND staff, August 17, 2012; Image: friendsofthesupergrid