The mission of Roadmap 2050 is to provide a practical, independent and objective analysis of pathways to achieve a low-carbon economy in Europe, in line with the energy security, environmental and economic goals of the European Union. The Roadmap 2050 project is an initiative of the European Climate Foundation (ECF) and has been developed by a consortium of experts funded by the ECF.
The Offshore Wind Evaluation
The Offshore valuation is the first full economic valuation of Britain’s offshore renewable resource.
The report finds that using just one third of the UK’s wind, wave and tidal resource could:
- Unlock the electricity equivalent of 1 billion barrels of oil a year (matching North Sea oil and gas production)
- Give Co2 reductions of 1.1 billion tones by 2050
- Create 145,000 UK jobs