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Media Partnership: Reuters Events: Expanding Ports to Achieve Large-Scale Offshore Wind Deployment
European governments have pledged to deliver 160GW of offshore wind within the next decade, requiring €6.5bn of investment in port infrastructure by 2030 to meet these ambitions. In response to these announcements, ports are finding they will need to growing their business [...]
Meeting with minister on Nordic-Baltic energy cooperation
On 4 February, representatives of the Nordic Council of Ministers’ Office in Latvia met with Kaspars Melnis, Minister for Climate and Energy. The meeting brought together Nina Hvid Enevoldsen, Director of the Office, and Gints Janums, Energy and Sustainability Advisor, alongside [...]
US Congress approves USD 200 million for Baltic military assistance
On 3 February 2026, the US Congress took an important decision for European and Baltic security by approving USD 200 million funding for the continuation of the Baltic Security Initiative in 2026, aimed at reinforcing the defence capabilities of the Baltic states and deepening defence [...]
CPMR Baltic Sea and North Sea Regions Unite to Strengthen Security, Resilience, and Cooperation
Regional leaders from across Northern Europe gathered on 28-29 January in Stockholm, Sweden, for a joint meeting and seminar of the CPMR Baltic Sea Commission and the CPMR North Sea Commission Executive Committees. Representing 47 regional authorities[i], the Executive Committees adopted [...]
Commission increases submarine cable security with €347 million investment and new toolbox
Submarine data cables, carrying 99% of intercontinental internet traffic, are essential for modern life and the European economy. As the EU faces increasing risks to this critical infrastructure, the European Commission is intensifying efforts to enhance its security and resilience. It [...]
A stronger and more competitive Ørsted after a defining year with earnings of DKK 25.1 billion within guidance
Ørsted’s Board of Directors approved the annual report for 2025. Ørsted has taken significant steps to deliver on its strategic priorities during the year. This includes a strengthened capital structure through the successful completion of the rights issue, and the finalisation [...]
RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
RWE and ADNOC agree to work on exploring LNG supply to Germany and additional European markets RWE and Masdar sign Memorandum of Understanding to jointly invest in Battery Energy Storage Systems in Germany Agreements look to enhance collaboration between RWE and [...]
Vattenfall Energy Barometer: Europeans optimistic about the energy transition
Across Europe, consumers are optimistic towards the energy transition yet almost everyone wishes for stronger governmental support. Many value a climate-friendly lifestyle but there is a gap between countries. Also, every second consumer would be willing to pay more for fossil-free [...]
”Offshore Power Plant” Baltic Sea significantly increases power generation
50Hertz grid connection systems fed around 5,400 gigawatt-hours of electricity into the grid in 2025. Despite a weak wind year, this is an increase of around 10 percent. 50Hertz CEO Stefan Kapferer: ‘The role of the Baltic Sea for the security [...]
A period of growth: Klaipėda Port to invest €775 million over the next four years
Over the next four years, Klaipėda Port Authority plans to invest in projects that will strengthen the port’s competitiveness, support cargo growth, and significantly contribute to sustainability. By 2029, a total of €775 million is planned to be invested in developments [...]
Energy leaders from Europe and the United States will convene in Riga to address Baltic regional energy security
On Wednesday, February 11, the University of Latvia House of Science will host the Baltic region's largest energy conference, “Navigating Energy Pathways for the Baltic Sea Region.” The event will bring together high-level policymakers and industry experts from the Baltic States, [...]