Blowing Wind in Europe

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Wind is now the fastest growing energy source in the world and there are many innovations growing in this field.

The European wind energy industry is always in the race of maintaining a healthy market. It is moving towards the ambitions of making fresh energy and climate. It has proved in the last decade its capability by maintaining an annual market of +10 GW since 2009, with an annual average market of 11.3 GW per year. And now the post-2020 landscape will be critical for or the Member States to meet their climate and energy promises.

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WindEurope, formerly the European Wind Energy Association has reported that half of all new generating capacity being installed across the EU member states which have been provided by wind power.

In the first half of 2017, some 4.8 GW of new onshore wind was installed, with the sector attracting €5.4 billion (US$6.4 billion) in new asset financing over the same period. According to the prediction of WindEurope, 2017 will be a record year for installations as over 10 GW of new onshore wind (3.1 GW offshore) installed across the EU-28.

European wind energy provided 24.6 percent electricity demand of the EU in October 2017 breaking a new daily generation record. WindEurope is predicting some 37.7 GW new onshore capacities between 2017 and 2020, according to its ‘Central Scenario’ to 2020. The EU-28 will provide 16.5 percent of its electricity needs by reaching over 200 GW of installed wind capacity before 2020, th4e scenarios says. It also predicts a total of 8.9 GW new onshore wind capacity (3.3 GW offshore) installed through 2018.

Several states may rush to fulfill commitments; some already meeting goals may slow development. Others yet, already having met targets will continue their efforts in climate and energy goals. Denmark is preparing to target 100 percent renewable energy by 2035 and Sweden to target the same amount of renewable energy by 2040.