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Wind Energy Market Size to Grow by 165 58 megawatts | Growing Concerns regarding Decarbonization is a Major Trend

New wind power system blows onto renewable energy scene

The Renewable Expansion Act (EAG) aims to ensure that 100% of electricity generated comes from renewable energy sources by 2030. To this end, the annual electricity generation from renewable sources is to be increased by 27TWh by 2030. According to the draft EAG, wind will account for 10TWh of this electricity generation. This article discusses the market premiums that will be available to wind turbines, as well as the method of calculation, the eligibility criteria and the application process.

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