16 February 2026
The UK and several European nations have signed the Hamburg Declaration, a landmark clean energy security pact designed to accelerate offshore wind cooperation across the North Sea.
Agreed at the Future of the North Seas Summit in Hamburg, the deal commits participating countries to jointly deliver 100 GW of offshore wind capacity by 2050 through cross border projects. The move comes amid ongoing geopolitical instability and aims to strengthen regional energy security while reducing reliance on volatile fossil fuel markets.
The agreement marks the first time North Sea countries have formally committed to delivering a defined share of their broader 300 GW offshore wind target through joint projects. A key feature of the declaration is the development of offshore hybrid assets, wind farms connected to more than one country through interconnectors. This approach is expected to improve grid efficiency, lower infrastructure costs and allow clean electricity to flow to where it is needed most.
The UK is positioning itself at the forefront of the pledge following a record breaking offshore wind auction that secured 8.4 GW of capacity and attracted billions in private investment. The pact also outlines closer cooperation on interconnected offshore grids, joint planning frameworks and collaboration with countries including Germany, Belgium, Denmark and the Netherlands to speed up delivery.
Industry leaders have welcomed the declaration, describing it as a major step toward transforming the North Sea into a shared clean energy hub. They stress that continued UK and EU alignment on electricity markets, supply chains and infrastructure will be critical to delivering affordable, secure and low carbon power for households and businesses across the region.
A 100 GW North Sea offshore-wind commitment reshapes European renewable supply-chain planning through 2035 - installation vessels, port infrastructure, grid connections, PPA availability all get repriced. Our energy-transition and responsible-investment teams help clients evaluate what this pipeline means for offtake structuring, developer exposure and Scope 2 procurement.
<ul><li><i>Saudi Arabia reaffirmed its commitment to environmental sustainability through the Saudi Green Initiative and National Environment Strategy at the 28th Meeting of GCC Ministers Responsibleโฆ
โข ๐๐ฉ๐ฆ ๐๐ ๐๐๐ ๐ฑ๐ณ๐ฐ๐ฑ๐ฐ๐ด๐ฆ๐ด ๐ณ๐ฆ๐ข๐ญ๐ญ๐ฐ๐ค๐ข๐ต๐ช๐ฏ๐จ 100% ๐ฐ๐ง ๐ธ๐ข๐ช๐ท๐ฆ๐ฅ ๐ฃ๐ช๐ฐ๐ง๐ถ๐ฆ๐ญ ๐ฐ๐ฃ๐ญ๐ช๐จ๐ข๐ต๐ช๐ฐ๐ฏ๐ด ๐ต๐ฐ ๐ญ๐ข๐ณ๐จ๐ฆ๐ณ ๐ณ๐ฆ๐ง๐ช๐ฏ๐ฆ๐ณ๐ด ๐ฐ๐ท๐ฆ๐ณ ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ ๐ค๐ฐ๐ฎ๐ฑ๐ญ๐ช๐ข๐ฏ๐ค๐ฆ ๐บ๐ฆ๐ข๐ณ๐ด. โข ๐๐ฉ๐ฆ ๐ฑ๐ณ๐ฐ๐ฑ๐ฐ๐ด๐ข๐ญ ๐ง๐ฐ๐ญ๐ญ๐ฐ๐ธ๐ด ๐ฆ๐น๐ฆ๐ฎ๐ฑ๐ต๐ช๐ฐ๐ฏ๐ด ๐ค๐ฐ๐ท๐ฆ๐ณ๐ช๐ฏ๐จ 1.76 ๐ฃ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ ๐๐ฆ๐ฏ๐ฆ๐ธ๐ข๐ฃ๐ญ๐ฆ ๐๐ฅ๐ฆ๐ฏ๐ต๐ช๐ง๐ช๐ค๐ข๐ต๐ช๐ฐ๐ฏโฆ
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