‘€400bn needed for offshore grids by 2050, network operators say‘

‘€400bn needed for offshore grids by 2050, network operators say‘ – by Frédéric Simon | EURACTIV.

Europe’s first-ever Offshore Network Development Plan, published on Tuesday (23 January), highlights the huge investment needed to connect offshore wind farms to final consumers, with an estimated 54,000 kilometres of transmission assets expected to be built in European waters by 2050 – almost 1.5 times the equator’s length.