Airborne Wind Europe welcomes the inclusion of airborne wind energy (AWE) in Germany's Renewable Energy Sources Act (EEG), a significant step forward for the industry.
This landmark decision not only reduces market risks for investments in high-tech companies across Europe but also establishes a crucial foundation for AWE to play a key role in the energy transition. It signifies policymakers' recognition of the technology's importance.
AWE systems unlock wind power potential in locations where traditional turbines cannot be installed. In Germany alone, an estimated potential of around 20 gigawatts has been identified, with worldwide potential reaching into the thousands of gigawatts.
The recent EEG amendment, known as the "solar package," provides much-needed political support for AWE. The agreed-upon remuneration offers greater certainty to banks and investors, enabling them to provide essential capital to AWE companies.
Furthermore, the technology's visibility in R&D topic selection and funding will increase at both national and EU levels. This will not only benefit companies but also strengthen academic research, with leading technical universities like TU Munich, Politecnico Milano, TU Delft, and RWTH Aachen actively engaged in educating future specialists in renewable energies.
