In order to fully exploit the potential of offshore wind energy and develop a meshed offshore grid in the North Seas, an internationally binding regulatory and economic framework is needed. This is a key conclusion of the EU-funded research project PROMOTioN (Progress On Meshed HVDC Offshore Transmission Networks). The event, which is part of the WindEurope Offshore conference 2019 in Copenhagen, focuses on presenting and discussing the project results on regulatory and financial hurdles as well as the deployment plan for a meshed offshore grid until 2050. Target audience of this event are TSOs, wind industry, energy regulators, policy makers and academia. The results of PROMOTioN’s latest report “Regulatory and financing principles for a meshed HVDC offshore grid” will form the basis of discussion.
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