2nd North Sea Summit

2nd North Sea Summit

Recently European countries have participated in the second ‘North Sea Summit’ held in Ostend, Belgium.

  • The North Sea Convention aims to make the North Sea Europe’s largest energy hub by 2050. For this, the offshore wind power capacity of the North Sea will be increased to 120 gigawatts (GW) by 2030 and 300 GW by 2050.
  • This second summit was attended by 7 member states of the European Union (EU) (Belgium, Denmark, France, Germany, Ireland, Luxembourg and the Netherlands) and 2 non-EU countries Norway and the United Kingdom.
  • At the end of the first summit in Denmark in 2022, Belgium, Denmark, Germany and the Netherlands signed the Esbjerg Declaration.
  • The Esbjerg Declaration aims to develop the North Sea as the “Green Power Plant of Europe”. It is based on an offshore renewable energy system.
  • The manifesto sets a target of 150 GW of offshore wind power capacity and 20 GW of green hydrogen generation capacity by 2030.

Wind power in India

  • According to the REN21 Renewables 2022 Global Status Report, India ranks fourth in the world in terms of wind power potential.
  • By February 2023, India’s total installed wind power capacity is about 42 GW.
  • National Wind-Solar Hybrid Policy, 2018 provides for promotion of large grid connected wind-solar power projects
  • The North Sea is part of the Atlantic Ocean. It is situated between Norway and Denmark in the east, Scotland and England in the west and Germany, Netherlands, Belgium and France in the south.
  • It is connected to the Atlantic by the Strait of Dover and the English Channel.

Source – Economics Science

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