Companies say offshore wind will generate electricity as cheaply as fossil fuels within a decade if properly supported

A group of offshore wind companies have pledged that the technology will generate electricity as cheaply as fossil fuels in Europe within a decade – but only if policymakers across the EU take the steps needed to ensure such growth as a matter of urgency.

The pledge(pdf) and the challenge to ministers are designed to reposition offshore wind as having a strong future in the EU. The European commission has tended to emphasise gas as the priority source of energy security.

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