Offshore sector warns Europe's net zero and energy security targets at risk - London Business News | Londonlovesbusiness.com
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Offshore sector warns Europe's net zero and energy security targets at risk - London Business News | Londonlovesbusiness.com
"Europe's ambition to install 300-400 GW of offshore wind by 2050 cannot be realised without scaling up the marine contracting sector."
"The marine contracting sector is expected to generate more than €45 billion in direct gross value added in 2025 and support over 220,000 direct jobs."
"The study provides a detailed picture of a sector that remains under-recognised despite being central to Europe's clean energy infrastructure."
"The sector plays a critical role in improving energy security by reducing Europe's reliance on imported fossil fuels."
A new report highlights the crucial role of the marine contracting sector in Europe's clean energy sector, projecting over €45 billion in direct GVA and 220,000 jobs by 2025. It emphasizes that without significant enhancements in marine contracting capabilities, Europe's ambitions for 300-400 GW of offshore wind by 2050 would remain unfulfilled. The study reveals the sector's wide-ranging tasks, from installing wind turbines to ensuring energy security, while addressing the need for recognition of its pivotal contributions amidst growing tensions regarding future wind energy targets.
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