A 9 billion-euro ($9 billion) offshore wind power hub planned in the Baltic Sea will mark a significant step in the process of weaning Europe off its reliance on Russian gas, according to the German and Danish governments. The so-called Bornholm Energy Island will link several wind parks and distribute the energy they produce between the two countries. The project will have capacity of more than 3 gigawatts — enough power for 4.1 million households — after it begins operation in 2030. “It’s the first time in Europe that two countries cooperate on such a project,” German Energy Minister Robert Habeck said in a phone interview with Bloomberg on Sunday. The project will need 3 billion euros of investment for infrastructure and 6 billion euros for the offshore wind park, according to the Danish government. The German network operator 50Hertz and its Danish counterpart Energinet, which will build the […]