In order to achieve the 20% renewable energy target by 2020, European leaders signed a memorandum to encourage renewable energy development. Offshore wind development and the construiction of a supergrid that connects energy grids from all over Europe are the main parts of this memorandum.
Justin Wilkes of the European Wind Energy Association (EWEA) explained that “the benefits of an offshore supergrid are not simply to allow offshore wind farms to connect; if you have additional capacity, which you will within these lines, it will allow power trading between countries and that improves EU competitiveness.”
Denifitely, installing a vast network will reduce energy prices, cut waste, secure energy supply, increase efficiency, boost economies and improve competitiveness.
How do you think this will affect European energy system?