Twenty gigawatts of energy would be produced by Baltic offshore wind in 2030, as agreed by eight European countries.
Border countries of the Baltic sea, like Denmark, Germany, Poland, Lithuania, Latvia, Estonia, Finland, and Sweden, agreed at a summit arranged by the European commission.
2.8 gigawatts are produced currently from the baltic sea. While EU countries depend on fossils fuel.
Before the conflict between Russia and Ukraine,27% of imported oil and 40 % of its gas were supplied by this country, and the bloc paid 400bn(340bn) in return per annum. While due to
conflict, Russia reduced the supply throughout the nation.
Frederiksen said that European energy security marks us on the frontline. Putin uses energy as a weapon, conveying that Europe is in an energy crisis with skyrocketing energy prices.
Countries said in their statement that 93GW would be produced by the baltic sea’s wind capacity In 2050.
However, 20GW is enough to supply 20 million households.
EU Commission exposes it to sketching “emergency intervention” into the energy market to regulate the low cost of electricity from renewables.
The commission said to reduce energy imports from Russia in March while entirely independent in 2030.
They also export this renewable energy from 40-45% in 2030 and completely carbon neutral in 2050.
Denmark announced in the commitment that the wind capacity of the baltic sea would be increased from 2 to 3 GW and connected to Germany” electric grid.
Germany, Netherland, Denmark, and Belgium declared the same agreement to increase the wind capacity ten times to 150GW in 2050.