"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
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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
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"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
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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
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"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 ,
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
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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
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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
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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)
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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
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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
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