Littoral countries in the Black Sea region are increasingly interested in offshore energy, which will play an important role in reconfiguring the region’s energy security and particularly transforming coal dependent regions. Offshore wind energy, in particular, could be leveraged to decarbonize the power sector, enhance innovation deployment, and boost the local economy. Bulgaria, Romania, Greece, and Turkey have taken initial steps towards establishing emerging offshore wind energy markets, and may also deploy other groundbreaking energy technologies with synergies such as floating solar, wave energy, and green hydrogen. These efforts are in response to the European offshore wind energy industry’s warning that Europe must tap all of its sea basins until 2026 to meet its offshore energy and climate targets by the end of the decade.

The Faculty of Economics and Business Administration of Sofia University launches the first edition of its Marine Renewable Energy Academy. This five-day international summer school is aimed at young professionals in the region who are interested in innovative technologies for offshore renewable energy.

For more information about the event click here.