European Extension

“With their investments in the offshore wind industry, the European countries are providing the right incentives and are thus making a decisive contribution to achieving the EU target of 300 GW by 2050. The record investment of around € 26 billion last year is a sign of the joint departure into a green, European energy and economic system. The current expansion figures in the German North and Baltic Seas are unfortunately in a sad contrast to this sum and are on the lowest level in the last 10 years. German politics should take this as an opportunity to find short-term potential in this country in order to overcome the current stalemate in national expansion. With regard to the financing model, too, many European countries are using the system of "Contract for Differences" ahead. If German politicians do not act accordingly, the domestic industry will not be able to participate in the European offshore awakening. This not only endangers jobs in the long term, but ultimately also the national expansion targets and climate protection. ”(Stefan Thimm, Managing Director of the Federal Association of Wind Farm Operators Offshore eV)