Uncertainty to dive European wind rush - analysis

Renewable energy consultants MAKE believe Europe is set for a spike in wind power capacity by 2025, but for a negative reason.

The consultancy’s new research anticipates that more than 140 GW of new wind power capacity will be deployed in Europe by 2025 despite deep regulatory reform, in the same week that Wind Europe called on the European Union (EU) to ramp up political commitments to make the continent the best choice for renewables investment.
Wind Europe
EDIE website reports that MAKE highlighted that policy uncertainty caused by changes to national support mechanisms is driving a “rush to market” for wind developers that wish to commission new assets before fresh regulatory frameworks are implemented.

According to MAKE, around 60 per cent of installations over the next decade will be commissioned in Northern Europe, where persisting low power prices are prompting governments to reconsider Feed-in-Tariffs (FiT). The research singles out the early phase out of the UK’s Renewable Obligation (RO) scheme, which left five grace periods with a significant pipeline of projects to be completed by the end of the decade.

Wind Europe stress that the EU’s “modest” 2030 target of 27% renewables in total energy consumption must rise to 30% if the continent wishes to remain a wind industry leader.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...