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🇪🇺 We’re heading off to Cascais for the World Ocean Summit Europe, organized by Economist Impact Aaron Smith will join the panel “Unlocking Ocean Renewables for Long-Term European Energy Security” to highlight the huge potential of offshore wind and the floating technologies needed to transform the market from regional to Europe wide and global. Aaron will share how Principle Power’s experience with the 105 MW of WindFloat projects that will be operating by the end of 2025 is enabling projects that offer secure, GW-scale renewable energy with high siting flexibility, near-baseload capacity factors, and production profiles that match demand peaks. Today, floating wind technology is ready for commercial scale deployment and early projects provide significant data on how to navigate complex stakeholder environments and minimize environmental impact. But political and regulatory systems in Europe are significantly lagging national deployment targets and this has consequences: 💔 leaves GWs of readily accessible renewable capacity on the table 🏭 increases reliance on fossil fuels, which are less secure than domestic resources 💸 threatens the credibility of National Energy Plans, making it more difficult for the industry to attract finance 🏗️ strains an emerging supply chain that stands ready to scale up for delivery We look forward to the discussion with our fellow panelists on how industry and government can work together to get the industry back on track. Save the date: September 9, 2025 | 16:05 WEST Hotel Cascais Miragem Health & Spa Bernardo Silva, INESCTEC.OCEAN Cristina Simioli, Renewables Grid Initiative Aaron Smith, Principle Power Jonathan Birdwell, Economist Impact Register here: https://lnkd.in/db9pxaWn #PrinciplePower #WindFloat #RenewableEnergy #OffshoreWind #FloatingWind

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