Equinor plans for these expenditures to reach 30 percent of gross capex by 2025 and 50 percent by 2030, up from a share of four percent in 2020. Equinor currently has offshore wind capacity of 0.7 GW in its portfolio, but it is expanding quickly with projects like Dogger Bank and Empire Wind. It is also exploring opportunities in regions like Eastern Europe and East Asia, where there is potential for renewables to displace coal from the electricity mix. Apart from renewables, the company is investing in low carbon solutions with a focus on blue hydrogen and carbon capture and storage (CCS). On CCS, its target is to develop a CO? transport and storage capacity of 5-10 million tonnes by 2030 and 15-30 million tonnes by 2035. In the energy transition plan, the company also aims to supply hydrogen to major industrial clusters like steel and cement and transport sectors such as heavy duty trucking, shipping and aviation by 2035, aiming at a 10 percent market share of clean hydrogen in Europe.