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Europe Targets 100 GW Offshore Wind Network to Boost Jobs and Cut Gas Dependence

1/27/2026

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Summary

Story summary

European countries agreed to develop an offshore wind network targeting 100 GW to reduce dependence on U.S. natural gas and cut renewable energy costs.
The plan builds on a 2023 pledge for 300 GW by 2050 and follows energy crisis triggered by Russia's invasion of Ukraine.
The initiative could create 91,000 jobs and generate €1 trillion in economic activity.

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Story summary

European countries agreed to develop an offshore wind network targeting 100 GW to reduce dependence on U.S. natural gas and cut renewable energy costs.
The plan builds on a 2023 pledge for 300 GW by 2050 and follows energy crisis triggered by Russia's invasion of Ukraine.
The initiative could create 91,000 jobs and generate €1 trillion in economic activity.