Offshore sector warns Europe's net zero and energy security targets at risk - London Business News | Londonlovesbusiness.com
Briefly

A new report highlights the crucial role of the marine contracting sector in Europe's clean energy sector, projecting over €45 billion in direct GVA and 220,000 jobs by 2025. It emphasizes that without significant enhancements in marine contracting capabilities, Europe's ambitions for 300-400 GW of offshore wind by 2050 would remain unfulfilled. The study reveals the sector's wide-ranging tasks, from installing wind turbines to ensuring energy security, while addressing the need for recognition of its pivotal contributions amidst growing tensions regarding future wind energy targets.
Europe's ambition to install 300-400 GW of offshore wind by 2050 cannot be realised without scaling up the marine contracting sector.
The marine contracting sector is expected to generate more than €45 billion in direct gross value added in 2025 and support over 220,000 direct jobs.
The study provides a detailed picture of a sector that remains under-recognised despite being central to Europe's clean energy infrastructure.
The sector plays a critical role in improving energy security by reducing Europe's reliance on imported fossil fuels.
Read at London Business News | Londonlovesbusiness.com
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