Copenhagen Infrastructure Partners (CIP) and Allianz Investment Management (AIM) have agreed to jointly conduct a feasibility study regarding an artificial energy island in the German North Sea.
The island is intended to be connected to large-scale offshore wind farms to cost-effectively deliver large-scale renewable energy to the German market.
The study is a response to the announcements made by the German government concerning an accelerated green transition and the declaration from the May 18 summit between Germany, Denmark, Belgium and the Netherlands setting the course for regional cooperation aimed at exploiting the enormous potential of the Green Power Plant in the North Sea.
Germany has some of the best natural conditions in the world for offshore wind, with a combination of high wind speeds and relatively low water depths. This creates attractive conditions for building large-scale offshore wind farms and artificial islands. Energy islands create an on
