Europe has set out on the path to achieve climate neutrality by 2050, and all countries must identify how to deliver this objective. While various technology options are available, the need for vast amounts of cheap renewable energy is certain. The shallow, windy northern seas have long been recognised as a key opportunity to deliver renewable electricity at scale and recent reductions in the costs of offshore wind have led countries to set ambitious targets for deployment.
The EU faces critical decisions on energy infrastructure planning and deployment to meet its climate goals, aiming for a 55% emissions reduction by 2030 and net-zero by 2050. A 100% renewable energy system, eliminating fossil fuels and nuclear energy is seen as the most viable solution. However, current EU energy infrastructure policy and planning are insufficient, risking lock-in to outdated technologies.
It is very clear that if the EU wants to make a fair contribution to the effort to limit temperature rise to 1.5°C, it will need to follow the recommendation of UN Secretary General Antonio Guterres and aim for achieving net-zero GHG emissions by 2040 rather than by 2050. This means the new EU 2040 target should become a net-zero target. It makes sense for the EU to set a very ambitious 2035 target of around 95% net GHG emission reductions at the same time.
