Articles Filter

Wind grows 12.5GW in EU

Record investment of €27.5bn in sector last year, says WindEurope

Wind grows 12.5GW in EU image

A total of 12.5GW of new wind capacity was installed in Europe in 2016, according to WindEurope data.

WindEurope said in its annual wind statistics that a record €27.5bn in new investments were made last year, with more than 10.9GW added onshore and almost 1.57GW offshore.

Total wind capacity in Europe now stands at 153.7GW, with the sector covering 10.4% of Europe’s electricity needs last year. 

Germany installed the most new wind capacity – 44% of the EU total – while France, the Netherlands, Finland, Ireland and Lithuania had record years for installation.

Offshore wind investments rose 39% year on year to €18.2bn, while onshore investments were down 29% at €9.3bn, Wind Europe said.

WindEurope chief executive Giles Dickson said: “Wind energy is now a mainstream and essential part of Europe’s electricity supply.”

But Dickson added that the future for wind in Europe is far from certain.

“Government policy on energy across Europe is less clear and ambitious than it was a few years ago,” he said.

“We still have dysfunctional electricity markets that are not fit for renewables. And we’re lacking long-term price signals to support investment.” 

Image: sxc

Other Tags

Free Trial
X

To receive the next 3 issues of reNEWS complete the form below

 Yes, I would like to receive marketing emails from reNEWS including special offers.


Please leave this field empty.