U.S.-EU High-Level Business Forum on Offshore Wind Power

April 29, 2022
U.S.-EU High-Level Business Forum on Offshore Wind Power

United States (U.S.) Secretary of Energy, Jennifer M. Granholm, and European Union (EU) Commissioner for Energy, Kadri Simson, co-led the 2022 U.S.-EU Energy Council High-Level Business Forum, which focused on offshore wind energy. It was held in conjunction with the International Offshore Wind Partnering Forum (IPF) 2022, in Atlantic City, New Jersey, on 27 April.

The U.S.-EU Energy Council High-Level Business Forum facilitated discussions and direct engagement between U.S. and EU private sector and government leaders about policies needed to accelerate investment in offshore wind projects and the development of an offshore wind manufacturing base in the U.S. The event promoted business-to-business conversations between U.S. and EU companies about partnering in the development of offshore wind projects on both continents.

The U.S.-EU Energy Council is the lead transatlantic coordination forum on strategic energy issues dealing with energy security, policies, and technologies between the U.S. and the EU. As part of their respective climate change mitigation strategies, the U.S. and EU both announced ambitious offshore wind power deployment goals for the year 2030: 30 gigawatts in the U.S. and at least 60 gigawatts in the EU. These are part of a longer-term ambition on both sides to become climate-neutral by 2050. U.S.-EU cooperation on offshore wind energy is among key priorities to accelerate market deployment and the utilization of clean energy technologies and measures in Europe and the United States, as stated by President Biden and President von der Leyen in their Joint Statement of 25 March.