The European wind energy industry invested a total of €65 billion ($73 billion) in 2018 including €27 billion on new wind farms which, thanks to cost reductions, will finance a record 16.7 GW of new wind capacity.
Europe installed a total of 2.6 gigawatts (GW) of new offshore wind capacity in 2018, an 18% increase that takes the region to a total capacity of 18.5 GW, according to new figures published this week by the region’s wind energy trade body, WindEurope.
The European wind energy industry installed a record 15.7 gigawatts of new wind energy capacity in 2017, bringing its cumulative total up to an impressive 169 gigawatts (GW), but the future for the industry is uncertain after a messy transition to an auction system and continued lack of clarity for post-2020 Government renewable ambitions.
The European offshore wind industry had an impressive year in 2017, increasing capacity by 25% with 3.1 gigawatts of new capacity installed, bringing the region’s total offshore wind capacity up to 15.8 gigawatts.
The European wind energy industry broke a new record last Saturday, the 28th of October, with almost a quarter of the European Union’s electricity demand met by wind energy for the first time.
Bloomberg New Energy Finance predicts that, despite impressive European wind power investment figures in 2016, new investment will slow in 2017 due to policy revisions and continued technology price declines.
The European wind energy trade organization WindEurope has published a report unveiling what it believes to be the five key pillars of research and innovation for the European wind energy industry. In a report published this week, WindEurope — formerly known as the European Wind Energy Association — highlighted the … [continued]
Despite unprecedented policy uncertainty across the region, Europe is expected to install more than 140 GW of wind capacity over the next ten years, according to new analysis from MAKE Consulting. A new report from MAKE Consulting, Europe Power Outlook 2016, analyzed the wind power markets across Europe, and identified the … [continued]
