Offshore wind opportunities in the Baltic Sea
Electricity remains the mainstay of the energy transition; it is growing and greening everywhere. With a 83% share of the electricity in the energy system in 2050, renewables are pushing the fossil share in the overall energy mix to just below the 50% mark in 2050. At that point in 2050, the share in the world’s electricity generated from wind will be 31%, including 15% from offshore wind.
In terms of offshore wind, our Energy Transition Outlook forecasts >1.800 GW installed capacity globally in 2050. Coming from 35GW globally installed capacity in 2020, this will be an interesting journey for the whole sector. One of the new emerging and interesting regions is the Baltic Sea, with several countries in that region now preparing for the new opportunities. Teners are announced and expected. We have seen from other regions the fast development offshore wind has gone through, whilst reducing costs. For the global sector this resulted in “zero subsidy bids”.
08:30: Registration & breakfast
09:00: Welcome (start live stream)
09:05: Panel discussion
10:00: End live stream, networking