Nine billion dollar for German-Danish energy island

Energy Renewables

Germany/Denmark – Germany and Denmark have agreed to a $9 billion contract to develop an energy island in the Baltic Sea.

The Energy Island will be the first of its kind when it is built in 2030 and can provide 3.3 to 4.5 million Danish and German households with green electricity. Denmark will increase its anticipated wind power capacity on Bornholm Energy Island from 2 to 3 gigawatts as a result of the project.

A submerged cable will link the Bornholm Energy Island to Germany, greatly enhancing the flow of power between the two countries. Denmark and Germany will work together on the Energy Island of Bornholm in order to share costs and benefits fairly and equally as well as to explore potential links to the energy island in the future.

Reducing Russian dependence

With offshore wind energy capacities of 1.5 GW and 1 GW, respectively, Denmark and Germany make up more than 90% of the region’s total capacity. To further reduce greenhouse gas emissions and make Europe independent from Russian gas and oil, further international cooperation is necessary.

According to the Global Wind Energy Council, there are currently about 837 gigawatts of onshore and offshore wind generating capacity available worldwide. By 2050, the European Commission wants the combined wind power capacity of its member states to reach 300 gigawatts.