WindEurope says coronavirus will entail significant delays
![Photo: PR / Wind Europe](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12013062.ece/ALTERNATES/schema-16_9/doc79q8i8a0lfcgnc5ahcl.jpg)
The coronavirus has hit businesses like a sledgehammer, with particularly exposed industries like travel and related sectors reporting a near-total halt in activity.
Things aren't quite so bad in the wind sector, writes industry association WindEurope, though underlining that all industries are, naturally, affected. In particular, WindEurope says initial analyses point to supply chains on which the virus will have a moderate effect.
The epidemic in Europe is still in an early stage, though, which is why it's still too early to make predictions regarding the impact on productivity and revenue.
So far, it's been evident the virus has had a noticeable effect on productivity in China, WindEurope points out.
"With COVID-19 we are likely to see delays in the development of new wind farm projects which could cause developers to miss the deployment deadlines in countries’ auction systems and face financial penalties. Governments should be flexible on how they apply their rules. And if ongoing auctions are undersubscribed because developers can’t bid in time, governments should award what they can and auction the non-awarded volumes at a later stage," says Chief Executive Giles Dickson.
English Edit: Jonas Sahl Jørgensen
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