Power & Energy

European Union and UK Sign Offshore Renewable Energy Agreement

Graham Stuart, UK serve for energy and environment has consented to an arrangement on sustainable power participation with the European Association and North Oceans nations. The UK and EU Trade and Cooperation Agreement (TCA)’s commitments are met by the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum.

As a result, the UK is able to collaborate with NSEC members to develop North Sea renewable energy projects, particularly those linking electricity interconnectors and wind farms. The European Commission, Belgium, France, Ireland, Germany, Denmark, Luxembourg, Sweden, the Netherlands, and Norway are all parties to the agreement.

The terms of the MoU outline how NSEC and the UK will work together in the future. It also makes it possible to work together more closely on the development of offshore renewable energy, like offshore grids in the North Sea. The ambitious goals of UK to increase offshore wind energy capacity to 50 gigawatts, and providing 18 gigawatts of electricity interconnector capacity by 2030 are expected to be supported by the new initiative.

Graham Stuart stated that he is pleased to have reached an agreement for an even greater energy partnership with their neighbors in the North Sea. This partnership will be crucial in assisting the UK government to achieve its renewables target, which includes increasing offshore wind fivefold to 50 gigawatts by 2030.

The United Kingdom currently sends and receives electricity via cables that connect the country to its neighbors in Belgium, France, and the Netherlands. The mission to facilitate future interconnection is also strengthened by the partnership.

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