Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.
Other members of the Ocean Renewable Energy Action Coalition include CWind, Global Marine Group, JERA, MHI Vestas, Mainstream Renewable Power, Shell, Siemens Gamesa, TenneT and The Crown Estate.
The coalition was formed in response to the September 2019 Call for Ocean-Based Climate Action made by the High-Level Panel for a Sustainable Ocean Economy.
The panel’s report said offshore wind, floating solar, tidal and wave power could meet nearly 10% of the annual greenhouse gas emissions reductions needed by 2050 to keep global temperatures under 1.5 degrees Celsius above pre-industrial levels.
The Action Coalition will prepare a vision for 2050, highlighting the actions that industry, financiers and governments can take to scale-up offshore wind.
Initial findings will be announced at the UN Ocean Conference in Lisbon in June 2020.
Benj Sykes, vice president at Danish renewable energy firm Orsted, said: “If we’re serious about fighting the climate crisis, it’s vital we decarbonise the world’s energy use as quickly as possible through technologies like offshore wind.
“The Ocean Renewable Energy Action Coalition will work together to accelerate the opportunity presented by ocean renewables to achieve the Paris Agreement goals.”
Stephen Bull, senior vice president for wind and low carbon at Equinor, said: “Collaboration between nations and companies is needed to accelerate the sustainable deployment of ocean renewable energy.
“This Action Coalition includes leading industry players in offshore wind and we are working together to unleash the full potential of offshore wind globally.”
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