With an infographic, the European wind energy association WindEurope presents how the crisis has affected the wind industry in Europe.
The oxymoron is that while the energy crisis is due to fossil fuels, they have benefited from the crisis and high energy prices and are profitable. In contrast, Europe’s 5 wind turbine manufacturers are all operating at a loss, while A.P.E. investments. in Europe, which have locked in low fixed prices, are at risk of not materializing due to rising material and transport costs. Therefore, consumers continue to be squeezed by high energy prices.
Therefore, European governments are trying to resolve this oxymoron. For example, France recently announced the possibility for new wind and solar projects to sell their electricity directly to the market for a period before activating the contracts they have secured.
With its graph, WindEurope also makes other proposals, including the following:
Apply an index to the price of tenders to reflect the possible increases in the prices of materials.
To simplify and speed up the licensing procedures for A.P.E.
Channel funds from the European Recovery and Resilience Fund and REPowerEU into the European wind energy supply chain.
