Schlagwort: Investing

Europe’s wind industry proposes New Offshore Wind Deal for Europe

Along with additional capacity backed by Power Purchase Agreements, this will lay the foundation for a sustainable and competitive offshore wind industry to achieve 15 GW installations annually by the 2030s

Europe’s wind supply chain continues ramp up

Wind- and Solarenergy

The Net Zero Industry Act requires 36 GW of wind manufacturing capacity in the EU by 2030. We need more support to achieve this. Ease access to capital, enable a level playing field with non-European competitors, further boost the grid buildout and our European companies will deliver

Electricity Market Design Revision

Wind- and Solarenergy

Electricity Market Design Revision

We now have clear path forward for long-term investments into renewables

German Energy Minister, Herr Altmaier, you have less than 2 months

On 1 July you become President of the 27 EU Energy Ministers. 23 of them have a National Energy & Climate Plan for 2030. You do not. If you don’t complete your Plan soon, you will not be a credible President.

WindEurope CEO tells industry stakeholders: investment costs are coming down in on- and offshore wind

On February 7 WindEurope CEO Giles Dickson delivered a keynote address at Dentons European Renewables Workshop 2018 in Frankfurt am Main. The workshop discussed the drivers and constraints for investing in renewable energy projects in Europe.

Dickson told attendees that costs are coming down in both on- and offshore wind. “We are financing the same capacity as in previous years for much lower costs,” he said.

He compared offshore wind investments in 2015 and 2017. In 2015, investments of 2.5 GW capacity cost over €13bn – in 2017, investments for this same capacity cost only €7.5bn. This is a cost reduction of almost 60%. Offshore wind, Dickson said, is now attracting major investors, particularly in the financial sector. The financial services industry, including infrastructure funds, pension funds, asset managers and diversified financial services, owned 35% of the offshore wind capacity traded throughout 2017. This compares to only 27% in 2016.

Wind and solar could power business all over Europe

The private sector accounts for around half of Europe’s electricity consumption. Powering corporate consumers with renewable energy could deliver massive reductions in CO2 emissions, save businesses money and make it easier for people to invest in renewables.

Large energy consumers such as chemical and aluminium producers, ICT and food & drink companies gathered in Brussels today with renewable energy producers to consider how to unlock this potential. The RE-Source 2017 event brought together industry leaders such as Google, Mars, IKEA and Alcoa with energy players EDF Energies Nouvelles, ENEL Green Power, Envision and Vestas with policy makers.

The volume of ‚Corporate Renewable Power Purchase Agreements‘ (PPAs) – which allow companies to purchase renewable energy directly from an energy generator – almost tripled in Europe in 2016, with over 1 GW of capacity contracted. Globally, more than 100 top companies have now committed to procure 100% renewable elegctricity via the RE100 initiative,together accounting for 150 TWh of yearly consumption.

Wind Industry Celebrates One Million Jobs

Global wind employment grew 5% last year to reach 1.1M

Worldwide, 15 June. Record wind industry growth was reflected in a 5% increase in employment in the sector, which now employs 1.1 million1 people. Today, on Global Wind Day, GWEC highlights the socio-economic benefits generated by the global wind industry, in addition to supplying clean power. Global Wind Day is a worldwide event that occurs annually on 15 June: a day for discovering wind energy, its power and the possibilities it holds to reshape our energy systems, decarbonise our economies, build new industries and create new jobs.

The increase in employment figures is mainly due to strong installation rates in China, the US and Germany. New job creation is being driven by declining renewable energy technology costs and enabling policy frameworks. As governments continue to struggle with high unemployment rates in many parts of the world, both the current reality and future potential for employment in the wind industry has become increasingly significant.