Germany’s offshore wind auction design needs revision. Negative bidding makes offshore wind more expensive.
Schlagwort: Finance
Mai 02
Industry maturity and competition for green assets bring €51bn of wind energy investments in 2017
Europe invested a total of €51.2bn in wind energy in 2017. The development of new farms accounted for €22.3bn of this. This is according to WindEurope’s ‘Financing and Investment Trends’ report released today. The rest of the investment went on the refinancing of existing wind farms, the acquisition of projects and of companies involved in wind and on public market fundraising. The total investment figure was 9% up on 2016.
The €22bn invested in new wind farms was down on the €28bn invested in 2016. But it covered more capacity – 11.5 GW compared to 10.3 GW – reflecting the falling costs of wind energy.
WindEurope Chief Policy Officer Pierre Tardieu: “With €51.2bn, wind energy accounted for half of all power sector investments in 2017. It’s delivering more capacity for less money. This is largely due to increased competition in auctions and technology advances that are driving cost reductions in the supply chain.”
Jan. 28
WindEurope CEO tells EU Industry Commissioner: Wind energy can help drive industrial transformation in Europe
On 24 January WindEurope CEO Giles Dickson joined representatives of the Industry4Europe group to meet Elżbieta Bieńkowska, European Commissioner for Internal Market, Industry, Entrepreneurship and SMEs.
Ms Bieńkowska convened the meeting to discuss the Commission’s Industrial Policy Strategy with the Industry4Europe group (representing 126 manufacturing sectors). The latter presented a series of recommendations to the Commission on finance, research innovation, and skills training. Dickson explained how wind had grown into a major manufacturing sector in Europe with factories in nearly every Member State, employing over a quarter of a million people, providing 11% of Europe’s electricity. He said access to affordable finance is key to unlocking investment in capital-intensive factories in all sectors. Which means strengthening EU finance mechanisms such as EFSI.
Juli 27
Europe adds 6.1 GW of wind energy capacity in first half of 2017
6.1 GW of extra wind energy capacity was installed in Europe in the first half of 2017, according to figures released today by WindEurope. The figure puts Europe on course for a bumper year for installations, although hides some worrying trends.
A total of 4.8 GW of onshore wind capacity was installed in the first half of 2017, although it was heavily concentrated in Germany (2.2 GW), UK (1.2 GW) and France (492 MW). There has also been a flurry of activity in offshore wind: 18 projects in four EU Member States (Germany, UK, Belgium and Finland), which saw a total of 1.3 GW installed.
Feb. 20
Wind in power: 2016 European statistics
Europe installed 12.5 GW of gross additional wind capacity in 2016. This was 3% less than the new installations in 2015. With a total installed capacity of 153.7 GW, wind energy now overtakes coal as the second largest form of power generation capacity in Europe.
2016 annual figures
12.5 GW of new wind power capacity was installed and grid-connected in the EU during 2016, a decrease of 3% compared to 2015 annual installations. 10,923 MW were installed onshore, and 1,567 MW were installed offshore.