The future of renewables lies in wind power

The future of renewables lies in wind power

Editorial Staff
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The EU projects wind energy to double its potential by 2030. This outlook is supported by the latest biannual report delivered by the European association WindEurope

By 2030 the EU's wind power industry could more than double its installed capacity, moving up from 160 gigawatts in 2016 to 323 gigawatts. This is one of the scenarios set out in WindEurope's biannual report on the development prospects for wind energy in the EU. With this capacity, wind energy would be able to cover about 30 percent of the EU's power demand, producing 888 Twh of electricity. Moreover, by 2030, the wind energy industry will invest up to EUR 239 bn, thereby providing employment to 569,000 people. This data confirms WindEurope's projections, despite the fact that the future of the wind energy market is often regarded as uncertain. The report also shows that Italy could continue to rank as the EU's fifth largest wind energy producer in terms of onshore installed power and sixth if we consider offshore plants.

The current situation is already positive

On the same day, another major milestone was achieved by offshore wind-generated power with a record production level of 251 GWh. Among the most virtuous European countries in this sector are Denmark, whose wind-generated power provides for over 80 percent of its daily energy demand, and the exemplary experience of Germany, which has long been investing in wind power and new technology, and boasts the best wind-generated renewable capacity, according to the renewable capacity statistics 2017 published by IRENA (International Renewable Energy Agency). The United Kingdom has also gained considerable benefits from wind power, and it has been shown that, for the first time ever, wind energy is cheaper than nuclear power. All the wind farms due to be built offshore Britain will require lower investments compared to the energy generated by the nuclear power plants planned for the near future. Recent contracts awarded in Britain for the construction of offshore wind projects due to generate power in 2020-21 show that the cost of energy will be GBP 74.75 per megawatt hour. View the computer graphics, Wind Energy in Europe