Europe needs $435bn investment in offshore wind grid to meet targets

The European Network of Transmission System Operators for Electricity (ENTSO-E) has claimed in its review of the existing offshore grid capacity that a €400bn ($435.8bn) investment in offshore wind grids is required to meet European plans. The report, named Offshore Network Development Plans: European Offshore Network Transmission Infrastructure Needs or ONDP for short, stated that …

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