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Europe invested €17bn in new wind in 2022, the lowest since 2009 | REVE News of the wind sector in Spain and in the world

Europe invested €17bn in new wind in 2022, the lowest since 2009 | REVE News of the wind sector in Spain and in the world
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WindEurope: Permitting key hurdle to EU wind investments

EU s 55% emissions cut target for 2030 requires 27 GW a year of new wind energy

Europe needs more wind energy to deliver its 2030 climate and energy goals, WindEurope said in a report on April 13. Europe confirmed €43 billion of investments in new wind farms in 2020, the second highest amount on record and 70% up on 2019,Wind Europe said in its annual report “Wind Energy Financing and Investment Trends,” adding that €17 billion was for onshore wind, covering 13 GW of new capacity and €26 billion was for offshore wind, covering 7 GW of new capacity. Large projects boosted the offshore numbers, including Dogger Bank in the UK which will be Europe’s largest wind farm when completed and Hollandse Kust Zuid in the Netherlands.

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