According to a signed declaration, the agreement is a “response” to Russia’s invasion of Ukraine through more integrated energy cooperation that supports efforts to “rapidly end Russia’s dependence on fossil fuels and contribute to climate neutrality.” in Copenhagen.
Denmark, Germany, Poland, Sweden, Finland, Lithuania, Latvia and Estonia all agree that the Baltic can produce 93 GW of wind power by 2050.
“We all share great potential in offshore wind energy, but as long as we depend on fossil fuels, we are vulnerable,” Danish Prime Minister Med Frederiksen told a press conference with his counterparts from Poland, Finland and the three countries. Balts.
European Commission President Ursula van der Leyen was also at the meeting, noting that wind power will ultimately be a “huge” contribution to the energy transition, although its potential can only be developed through cooperation.
Van de Leyen said on Monday, during a visit to Slovenia, that the European Commission was preparing “urgent intervention and structural reform” in the electricity market in response to high price hikes.
Jean Rhys is a contributor to OE Mag, covering news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on clear, accurate reporting and useful information that helps readers stay informed about current affairs and developments that matter to them. Her work highlights relevant stories, emerging trends, and key issues, presenting them in a balanced, accessible, and reader-friendly way.