The 2.5 square mile (6.5 square km) island would collect energy from thousands of new wind turbines in the sea.
The island would be connected to the UK, Norway, the Netherlands, Germany, Denmark, and Belgium.
It would be built at Dogger Bank in the North Sea.
The island is expected to have solar farms to generate maximum energy. It will also have a harbor and airstrip for easy access.
Reports indicate that the undertaking will be massive and building the foundations of the artificial island will cost around 1.35 billion euros (1.45 billion dollars), according to first estimates.