in News Departments > FYI
print the content item

Wind turbine installations in the European Union (EU) will increase 64% by 2020 compared to 2013 levels, according to data compiled by the European Wind Energy Association (EWEA).

The group says EU member states will reach a combined 192.4 GW of installed capacity by the end of the decade, with offshore installations accounting for 23.5GW of the total. This will mean investments of up to EUR 124 billion in wind farms across the EU, creating over 100,000 additional jobs in the wind industry, EWEA adds.

“A cocktail of regulatory uncertainty, ongoing climate and energy discussions at EU level, and rapidly evolving national frameworks has contributed to these new scenarios,” says Justin Wilkes, deputy CEO of EWEA. “However, while regulatory stability is still recovering in Europe, onshore markets such as Germany, France, United Kingdom and Poland will remain key for wind power installations.”

He continues, “For offshore, extra confidence in the U.K., continued deployment in Germany, and faster deployment in France and the Netherlands should continue to push the industry forward to 2020. It remains the fastest-growing part of the power sector in Europe today.”

Nonetheless, EWEA recently warned that, although 4.9 GW of commercial offshore wind farms are currently under construction in Europe, the offshore sector has slowed down and may continue to contract over the next two years depending on upcoming policy decisions.





Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934