Yesterday’s North Sea Summit marks a bold move for Europe to secure its offshore wind future – and with that its future energy security. The 300 GW Joint Offshore Wind Investment Pact gives the supply chain the Visibility is essential to continue investing. Europe’s leading cable system manufacturers are leading the way by more than doubling their production capacities by 2030. We have met — and will continue to meet — Europe’s cable demand.
The Summit showed again that:
- Subsea power cables are a strategic net-zero technology: Cables are indispensable to connect offshore wind, enable cross-border offshore hubs, and build an integrated and resilient European energy system.
- Long-term demand visibility and robust financing frameworks are essential: Visibility is key to unlocking investment, de-risking projects, and allowing European manufacturers to scale up capacity, skills, and innovation in line with policy targets.
- Accelerated and coordinated permitting is key to delivering our targets: Streamlined and harmonised processes, including qualification and tendering, will reduce redundancies and speed up the deployment of offshore wind infrastructure.
- Offshore wind is central to Europe’s energy autonomy: Secure and resilient offshore wind generation, connected by cables made in Europe for Europe, is central to Europe’s energy sovereignty.
European cable manufacturers have the capacity and know-how to supply the backbone subsea cables required for the deployment of the pledged 300 gigawatts of new wind power in the North Sea.