The EU Wind Power Package was brought into the limelight in October by the European Commission. However, on 19th December, as many as 26 members of the European Union Members State signed the European Wind Charter as a way of promising to act on all the plans made and execute each gradually. It also bears the signature of more than 300 companies that are primarily working in the wind energy sector.
By signing the charter, they are willing to execute the 15 most vital actions from the said package. These actions primarily concern the national governments. The European Commission and European Investment Bank (EIB) have, nonetheless, started working towards fulfilling the duties that were assigned to them per the package. Some of the essential plans that this package particularly focuses upon include, the European Wind Power Action Plan and communications that can facilitate the attainment of offshore renewable energy goals.
The second part of this package has, as a result of the points included therein, increased the renewable energy goals to 111 MW in 2030. Similarly, for 2050 the goal has already reached 317 GW. Shedding light on the same, The Communication stated in October, “For the North Sea basin, the Ostend Summit in April 2023 resulted in a further strengthening of the ambition level to at least 300 GW by 2050 in the North Seas”.
To sum up, the primary goal of the initiative is to establish a strong European Wind supply chain. It is also a remark upon the national government’s sensibility towards the essentiality of wind energy sources and their immediate supply to different sectors. By signing the package, all the participating countries and companies have now decided to incorporate changes that can facilitate the strengthening of European Wind supply chains.