This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

North Sea Summit pledges European development of 100 GW offshore wind capacity

By Louis de Briant ( January 26, 2026, 18:39 GMT | Insight) -- Several European states committed at the North Sea Summit on Monday to develop up to 100 gigawatts of a joint 300 GW ambition through cross-border cooperation projects. The industry pledged to reduce electricity generation costs by 30 percent by 2040, and to invest €9.5 billion ($11.3 billion) in new capacities in Europe by 2030. Participants also aimed to demonstrate the potential of offshore wind, as several auction bids were unsuccessful in Europe, and to cut all energy dependencies in the midst of international crisis.Participants at the North Sea Summit in Hamburg, Germany, committed on Monday to develop up to 100 gigawatts in offshore wind capacity through cross-border cooperation projects, as part of an overall target of 300 GW by 2050....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections