Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Wind Energy and Economic Recovery in Europe (Int'l. Report)
Wind Europe
Date: 2020-10-16
"Wind energy is an important asset for the European economy. It has been resilient in the COVID crisis and therefore it can play a significant role in a green economic recovery. But wind creates additional benefits beyond jobs and value to the economy. It directly benefits communities living near wind farms.

"This report shows how the wind industry places people at the centre of such a green recovery. It also presents the state-of-play of the European wind industry and its global competitiveness. It demonstrates that the industrial footprint in Europe is ready to expand if there is a strong domestic market and an effective industrial policy. It also covers the socio-economic benefits of WindEurope's wind energy deployment scenarios to 2030 and shows how wind energy can co-exist with local natural protection and other economic sectors like fishing, agriculture, and aviation.

Among the report's findings: In 2019 wind energy represented 300,000 jobs in the EU -- 75 pct of these are in onshore wind and 25 pct in offshore wind. The European wind industry has an annual turnover of €60 billion, 65 pct of this adds value to the EU economy.

Access report details HERE. (Source: Wind Europe, Website PR, 16 Oct., 2020) Contact: Wind Europe, +32-2-213-18-67, christoph.zipf@windeurope.org, www.windeurope.org

More Low-Carbon Energy News Wind news,  Wind Europe news,  


EU Member State Alliance Seeks Solid Renewables Policy (Int'l.)
WindEurope
Date: 2020-05-11
WindEurope is reporting government ministers from Lithuania, Poland, Greece, Spain, Latvia, Estonia, Austria and Luxemburg are calling for the European Commission (EC) to establish an industrial policy recognizing wind energy as an EU strategic priority and to expand renewables and related supply chains through out the 27-member trading bloc.

The letter also calls for renewable industry representatives to be included in the planned Industrial Forum, a high-level advisory body bringing together Member States, European institutions and industry stakeholders that is slated to be established in September. The Ministers are also requesting more financial support for renewables from InvestEU and the Connecting Europe Facility as well as a more flexible approach to State Aid. (Source: WindEurope, PR, reve, 9 May, 2020) Contact: Wind Europe, Giles Dickson, CEO, +32 2 213 1811, +32 2 213 1890 - fax, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope,  Renewable Energy,  Renewable Energy Funding,  EU Renewable Energy,  


Notable WindEurope Quote on EU Renewables Legislation
WindEurope
Date: 2020-05-11
"The EU Commission was absolutely right to emphasize that the transition to climate neutrality is irreversible. That will require Europe to install more than twice as much new wind energy each year as it managed in 2019. The (EU) Climate Law impact assessment should outline a credible path for the delivery of these volumes.

"Beating climate change is about driving renewables-based electrification in road transport, buildings and most of industry. And scaling up renewable hydrogen in hard to abate sectors. Clearly opting for a 100 pct renewables scenario would avoid stranded investments down the road. A 100 pct renewables scenario must be the start of our conversation on how we deliver climate neutrality cost effectively." -- Pierre Tardieu, Chief Policy Advisoer, WindEurope. Contact: WindEurope, Pierre Tardieu, +32 2 213 1890, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope news,  Renewable Energy news,  Renewable Energy Funding news,  EU Renewable Energy news,  


Financing and Investment Trends - The European wind industry in 2019 -- Wind Europe Report Attached (Int'l Report)
WindEurope
Date: 2020-04-08
According to WindEurope's just released annual Financing and Investment Trends, Europe saw €19 billion of new wind farm investments confirmed in 2019, and a further €33 billion invested in the refinancing of wind farms, the acquisitions of wind farm projects and other transactions.

Most of the investments in new wind farms were in onshore wind -- €13 billion -- over 10 GW of new projects. The report expects 80 pct of all wind capacity additions over the next five years to be onshore. The EU Commission expects it to be 50 pct by 2050.

The report also takes a closer look at the diverse investors involved in wind energy financing. Banks play an increasing role extending over €20 billion of non-recourse debt in 2019. Non-recourse debt accounts for 49 pct of all investment in new onshore wind projects and 77 pct in new offshore wind farms.

The Sustainable Europe Investment Plan, the investment pillar of the European Green Deal, aims to mobilize at least €1 trillion in additional private and public capital for renewable energy projects in the next decade.

Download the Wind Europe Financing and Investment Trends - The European wind industry in 2019 repot HERE. (Source: Wind Europe, 7 April, 2020) Contact: Wind Europe, Giles Dickson, CEO, +32 2 213 1811 / Fax: +32 2 213 1890 info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope,  Wind,  


Notable Quote on EU Climate, Renewables Legislation
WindEurope ,EU,European Comission
Date: 2020-03-25
"The EU Commission was absolutely right to emphasize that the transition to climate neutrality is irreversible. That will require Europe to install more than twice as much new wind energy each year as it managed in 2019. The (EU) Climate Law impact assessment should outline a credible path for the delivery of these volumes.

"Beating climate change is about driving renewables-based electrification in road transport, buildings and most of industry. And scaling up renewable hydrogen in hard to abate sectors. Clearly opting for a 100 pct renewables scenario would avoid stranded investments down the road. A 100 pct renewables scenario must be the start of our conversation on how we deliver climate neutrality cost effectively." -- Pierre Tardieu, Chief Policy Advisoer, WindEurope. Contact: WindEurope, Pierre Tardieu, +32 2 213 1890, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope,  Climate Change,  Renewable Energy,  EU,  European Comission ,  


China leads the way as wind energy sees another year of stable growth
Global Wind Energy Council
Date: 2019-11-29
The wind power energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017‘s growth, the Global Wind Energy Council (GWEC) said Tuesday. Despite this reduction, the international trade association said that the growth of the worldwide wind energy market had “been stable” since 2014, with more than 50 GW of new capacity installed each year. Total installed capacity stood at 591 GW at the end of 2018, which represents an increase of 9.6 percent compared to the end of 2017, the GWEC added. Installed capacity relates to how much energy can be produced at maximum output, not what is currently being generated. GWEC CEO Ben Backwell said that China had led “both onshore and offshore growth,” adding that “huge growth” was expected in Asia “through the coming decade and beyond.” Breaking the figures down, the onshore sector was responsible for 46.8 GW of new capacity in 2018, while the offshore wind market added 4.49 GW. In the onshore sector, Latin America, Southeast Asia and Africa were responsible for 10 percent of new installations last year. China led the way in offshore, installing 1.8 GW, while the U.K. and Germany installed 1.3 GW and 0.9 GW, respectively.

another industry body, WindEurope, said that 12 countries in the EU had failed to install “a single wind turbine” last year. onshore wind fell by more than half in Germany last year and “collapsed in the U.K.,” stating that, in the EU, 2018 was “the worst year for new wind energy installations since 2011.” (Source: Global Wind Energy Council, reve, 26 Nov., 2019) Contact: WEC, Ben Blackwell, CEO

More Low-Carbon Energy News Wind news,  Global Wind Energy Council news,  

More Low-Carbon Energy News Wind,  Global Wind Energy Council ,  

More Low-Carbon Energy News Wind,  Global Wind Energy Council ,  


WindEurope Reports on EU Wind Energy Growth, Capacity (Int'l)
WindEurope
Date: 2019-02-25
In its annual report, WindEurope notes that in 2018 16.7 GW of wind projects reached a final investment decision -- 12.5 GW onshore and 4.2 GW offshore -- 45 pct more than in 2017. Funding for the new wind energy investments rose to €26.7 billion (£23.2 billion), 20 pct more than a year earlier. h report also notes the cost of generating electricity from wind power fell to €1.59 million per MW in 2018 from €1.93 million in 2017.

However, the report distinguishes between finance for future projects over the next few years and farms actually installed, saying the amount of capacity newly installed last year fell. According to WindEurope's CEO Giles Dickson, "Last year was the worst year for new wind energy installations since 2011 ... 12 EU countries didn't install a single wind turbine last year."

In 2018, the 28 EU member nations plus Switzerland, Norway and Turkey, added 11.7 GW for 32 pct less than in 2017.

In total, 189.2 GW of wind power capacity is now installed in Europe,accounting for 18.4 pct of the EU's total installed power generation capacity. (Source: WindEurope, euronews, Reuters, 21 Feb., 2019) Contact: WindEurope, Giles Dickson, CEO, +32 2 213 1890, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope,  Wind,  


Europe's Offshore Wind Capacity Steadily Rising (Int'l Report)
WindEurope
Date: 2019-02-08
In its annual report, the Brussels-based wind industry group WindEurope is reporting Europe's offshore wind capacity grew by 18 percent in 2018 with the installation of 2.6 GW of new offshore wind energy, raising total capacity to 18.5 GW. Of the total, Britain and Germany accounted for 85 pct of the new capacity, adding 1.3 GW and 969 MW respectively.

The report notes that another six offshore wind farms are currently under construction and another 12 new offshore wind projects are at the final investment decision stage.

WindEurope boasts 400-plus members including turbine manufacturers, component suppliers, wind energy developers and electric power producers and suppliers. (Source: WindEurope, Reuters, 7 Feb., 2019) Contact: WindEurope, Giles Dickson, CEO, +32 2 213 1890, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope,  Wind,  Offshore Wind,  


Poland Commits to Develop 8 GW of Offshore Wind (Int'l)
Poland
Date: 2018-11-09
In Warsaw, Polish State Secretary for Energy reports Poland plans to legislate the development of 8 GW of offshore wind by 2035. The Secretary's announcement was made in conjunction with the opening of a 1 GW onshore wind energy auction on Monday.

According to the Secretary, a survey of bidders participating in the auction suggests the prices will be between €43-63/MWh, with an average of €51/MWh -- lower than recent auctions in France and Germany. The auction is expected to be over-subscribed with more than 1 GW of wind farm projects bidding in.

The State Secretary also announced another onshore wind auction will take place in the coming months. (Source: WindEurope, Nov., 2018)

More Low-Carbon Energy News Poland Wind,  Onshore Wind,  Offshore Wind,  


European Union Sets 32 pct by 2030 Renewables Target (Int'l)
WindEurope
Date: 2018-06-15
Meeting in Brussels, the 28-member European Union's Parliament (EP), Council (EC) and Commission are reporting agreement on a "binding" target of 32 pct renewable energy by 2030. The new figure, up from the previous 27 pct target but short of the 35 pct objective backed by the EP and several renewable energy trade bodies.

According to the 450-member industry group WindEurope, "Member States will be allowed to have technology-specific auctions and will have to provide at least five years visibility on public support, including the timing, volumes and budget for auctions," WindEurope said. (Source: EC, WindEurope, WindPower, 14 June, 2018) Contact: WindEurope, Giles Dickson, +32 2 213 1811, +32 2 213 1890 - fax, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope,  Renewable Energy,  


Vestas, Vattenfall Partner on 353MW Swedish Wind Project (Int'l)
Vestas,Vattenfall
Date: 2018-05-18
Wind turbine specialist Vestas reports it is partnering with Swedish utility Vattenfall and Danish pension fund PKA to develop a new 353 MW wind energy project at the Blakliden and Fabodberget wind parks in central Sweden. The Blakliden wind park will have 50 turbines, while the Fabodberget site will deploy 34.

Vestas will provide 84 units of its V136-4.2 MW turbines and become a shareholder via a share purchase agreement for 40 pct of the project. PKA and Vattenfall each hold 30 pct of the projected €350 million ($412.34 million) project. Turbine delivery is expected to begin in early 2021 for commissioning before the year end. (Source: Vestas, WindEurope, Various Media, CNBC, 17 May, 2018) Contact: Vestas, +45 9730 0000, www.vestas.com; Vattenfall, Magnus Hall, CEO, Pres, +46 8 739 5000, http://corporate.vattenfall.com; PKA, www.pka.dk

More Low-Carbon Energy News Vestas,  Vattenfall,  Wind,  

Showing 1 to 11 of 11.