EnergyWatch

WindEurope wrap-up: Wind industry keen on state aid

Although subsidies have become a thing of the past, this year’s WindEurope convention saw the industry express a need for state aid in a variety of areas – expressed in different terms. Meanwhile, China looms in the background, stoking concerns in the wind sector.

Photo: Wind Europe

The future appears dazzling for the wind industry, not least when it comes to the offshore wind sector, where new markets continue to emerge around the globe while more mature markets keep upping the ante. This trend has only accelerated further in the wake of Russia’s invasion of Ukraine and Europe’s commitment to reduce dependency on Russian gas.

In mid-March, the Belgian minister of energy urged raising the target by 40 percent to 8GW by the end of the year. A few days later, the Dutch government identified areas for developing additional 10.7GW offshore wind, now targeting 21GW by 2030. The German 2030 target was formally raised from 20GW to 30GW last Thursday. Meanwhile, numerous sources tell EnergyWatch that the Danish government will announce a commitment for 35GW by 2040.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs