Denmark has reached a landmark agreement on the construction of an energy hub in the North Sea.
The energy hub will be an artificially constructed island 80 kilometers from the shore of the peninsula Jutland. Around 200 wind turbines with a combined capacity of 3 GW are expected to be installed in the first phase of the project. When fully developed, the North Sea energy island hub will reach a capacity of 10 GW.
The hub…is one of the government’s flagship projects for the green transition in Europe. Fully implemented it will be able to cover the consumption of 10 million European households, the Danish Ministry of Climate, Energy and Utilities said.
The energy hub will serve as an offshore power plant gathering and distributing electricity from hundreds of wind turbines surrounding the island directly to consumers in countries surrounding the North Sea.
The project will be a public-private partnership between the Danish state and private companies. Denmark will own the majority of the island, but private companies will be crucial for the project to fulfill the potential with regards to innovation, flexibility, cost-effectiveness, and business potentials, the Ministry said.