The European Wind Energy Association (EWEA) and the Community of European Shipyards’ Association (CESA) are calling on the European Commission and the European Investment Bank (EIB) to support the building of new ships to serve the expanding offshore wind energy market over the coming years.
EWEA and CESA urge the European Commission to develop programmes and funding mechanisms, and for the European Investment Bank to take the necessary measures to support the risk related to the necessary significant investments. They also argue that the offshore wind power industry should be identified as a key industry in the EU’s 2020 strategy for smart, green growth. Investments in new ships totalling €2.4 billion are needed for the predicted growth of offshore wind. By 2020, the installation of thousands of offshore wind turbines, as well as the necessary substructures and cables, is foreseen. The offshore wind industry currently employs 19,000 people, a level which is expected to rise to 156,000 jobs by 2020.