Wind: more money, please

“Our industry is not large enough today to deliver the nine governments’ commitments and meet the rising demand for renewable electricity and renewable hydrogen,” more than 100 companies and industry groups said in a joint statement…

Today, European industries can manufacture seven gigawatts of offshore wind per year…Hitting countries’ targets will require adding more than 20GW per year in a few years’ time, they said…

Final investment decisions in European offshore wind farms plunged in 2022…Investment has bounced back so far this year, but the companies said further support will be needed…

DB2