Overview
- Energy ministers, industry leaders, grid operators and NATO met in Madrid to shift the Hamburg Declaration from long-term targets to concrete steps on projects, revenues and security.
- WindEurope released a policy paper that treats the physical protection of offshore wind as core to energy security, citing rising risks to subsea cables, substations and turbines.
- The paper says states handle defence and enforcement while developers secure site-level assets and report threats, with public co-funding when measures serve wider national security.
- Governments reaffirmed revenue tools to unlock investment, including two-sided Contracts for Difference that fix a project’s price and long-term power purchase deals for the rest.
- Europe remains off track for 2030 with about 70 GW expected versus a 120 GW goal, spurring a dual focus on faster build-out and coordinated safeguards to keep power flowing to homes and industry.