Europe is on Track for a Good Year
In the first half of 2017, 6.1GW of extra wind energy capacity was installed in Europe according to figures recently released by WindEurope. A total of 4.8GW of onshore wind capacity was installed in the first half of 2017, although it was heavily concentrated in Germany (2.2GW), the UK (1.2GW) and France (492MW). There has also been a flurry of activity in offshore wind: 18 projects in four EU Member States (Germany, the UK, Belgium and Finland), which saw a total of 1.3GW installed. In investments, € 8.3 billion on new asset financing was made in the first half of the year: € 5.4 billion in onshore and € 2.9 billion in offshore. Again, the trend for market concentration was visible, with 53% of total investments (onshore and offshore) made in Germany and no offshore investments made in the UK.
Europe is on track for a good year in wind capacity installations but growth is driven by a handful of markets. At least ten EU countries have yet to install a single megawatt so far this year. In onshore wind, the end of the UK Renewable Obligation scheme will lead to even greater market concentration in Germany, Spain and France.
In offshore, the level of finance activity is a concern. Although this will not translate into lower installations for another few years, the industry needs clarity on volumes for the post-2020 period to maintain the current cost reduction trend, according to Pierre Tardieu, WindEurope Chief Policy Officer.
Biggest European Wind Show in 2017
Once again the European wind industry will gather in Husum from 12 to 15 September for HUSUMWind 2017. HUSUMWind is the platform for presenting new technology and focuses on the variety and the innovative power of the German market and surrounding regions. In 2017 there will also be current political and technical topics on the agenda, such as the tendering process, maintenance concepts and repowering. The special exhibitions Offshore Wind Energy and Sector Coupling & Grid Integration will also focus on pioneering areas.
Over 650 exhibitors from the onshore and offshore wind industries will be showcasing their latest products and innovations. HUSUMWind has always been more than just a trade fair. It is the Husum atmosphere, the congress and special events, all bonded together by the special Husum spirit. The approximately 20,000 visitors during this year’s event can expect an exciting programme covering the current challenges facing the wind industry and I hope to see many of you there in person.
Enjoy reading, and see you in Husum,
Floris Siteur
Publisher
