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A European Ocean Energy Industry – the €140bn Economic Opportunity
ETIP Ocean Energy Solutions
The European Commission is putting its weight behind ocean energy. The EU Offshore Renewable Energy Strategy targets 100 MW of wave and tidal by 2025 and at least 1 GW by 2030, and commits to coordinate funding to deliver on these targets.
The Commission’s prioritisation of ocean energy is not just about decarbonisation and energy system balancing. It is also about economic opportunities for European industry and employment for European citizens.
Read the full publication here
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