Existing studies estimate all Europeās potential total maximum annual generation from wind is between 16 and 21 petawatt hours (PWh), already over five times Europeās existing electricity total from all sources (3.6PWh). A new study doubles that figure to 34.3PWh. The study claims to improve on the accuracy of two factors used in making these predictions, explains Josh Gabbatiss at Carbon Brief. Firstly, it uses what it believes are realistic … [Read more...]
Wind build-out: convergence of process and permitting rules needed to promote certainty for investors
Two weeks ago, Energy PostĀ reported on permitting and legal barriers to the development of onshore wind capacity in Germany. In this follow-up analysis, Mike ScottĀ identifies similar obstacles in key regions as well as some clear success stories. To complete the picture, he spoke with WindEurope and VattenvallĀ to get their views on the way forward for the industry and investors across the EU. … [Read more...]
The risks related to onshore wind power investment
Bans on subsidies (in some countries) and reduced costs have hit total investment in onshore wind. Meanwhile, market share continues to grow across the EU28. Wind energy now accounts for almost 20% of installed capacity for power generation which makes researcher Schalk Cloete'sĀ sobering analysis of risks for onshore wind well worth reading. Following up on hisĀ previous article, he examines current assumptions and argues that the discount rate … [Read more...]
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