Wind Energy
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Immediate Actions Needed to Unblock Grid Capacity for More Wind Energy
The EU wants to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050. Wind is key to energy security, affordable electricity and industrial competitiveness. In its recent revision of the…
Negative Bidding Continues to Burden Offshore Wind Development
Germany and the Netherlands have recently issued the results of their latest offshore wind auction. They awarded a total capacity of 6.5 GW. That’s good for Europe’s energy transition. But the auction design in both countries included negative bidding. This…
French Auction Results are not the new Benchmark for Floating Wind in Europe
Last month France published the results of its 250 MW floating offshore wind auction off South Brittany (AO5). The winning bid was awarded at 86 euros /MWh – a record-low for floating offshore wind. But Governments must not think this…
EBRD is Supporting Renewable Investments in Romania
The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind farm in Romania. Urleasca Wind Farm, which will…
France Commits to Big Offshore Wind Volumes
Last year France raised its offshore wind target for 2050 to 45 GW, with an intermediate target of 18 GW by 2035. On 2 May the Government published a new offshore auction schedule. It clarifies auction timelines, identifies new sites…
France Announces Winners of World’s First Commercial-Scale Floating Offshore Wind Auction
France announced the winners of the 250 MW South Brittany floating offshore wind auction, the world’s first commercial-scale floating offshore wind auction. This is a major milestone for floating offshore wind technology. So far Europe has only built small pilot…
Romania adopts offshore wind law
The Romanian Parliament adopts the country’s first Offshore Wind Energy Law. This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of its offshore wind energy resources can play a big…