The European Commission estimates up to 450 GW of offshore wind power is needed by 2050 for Europe to deliver climate neutrality. Electricity will represent at least 50% of the total energy mix in 2050 and 30% of the future electricity demand will be supplied by offshore wind.

The EU is committed to drive offshore wind development. Continued improvements in manufacturing and turbine design, as well as improved capacity factors, have driven down the costs of wind power and confirmed its position as a key driver of the clean energy transition. In 2020, a new strategy on offshore renewable energy will be published as part of the European Green Deal.