According to an analysis by the Danish energy group Ørsted, Europe could have offshore wind farms with an additional capacity of 70 gigawatts (GW) by 2050 if planned and operated across borders. This is what Duncan Clark, Head of Region Europe Development, said on Tuesday at the Handelsblatt Energy Summit in Berlin. For comparison, in the Ostend Declaration, the countries of the North Sea had agreed to build 300 GW of offshore capacity by the middle of the century.