Study: Worldwide Growth in the Wind Energy Market

Intact growth in the wind energy market / Competitive bidding puts remuneration rates under pressure / New market instruments changing financing environment

Today in Hamburg, Commerzbank presented its market assessments of the wind energy market, ahead of Wind Energy Hamburg, which takes place from 25 to 28 September 2018. “We continue to observe a robust global expansion in renewable energies with a further decrease in production costs,” is the conclusion drawn by Berthold Bonanni, head of the Energy unit (CoC Energy) at Commerzbank AG. The production of wind energy has experienced annual growth from 2015 to 2017 seeing an increase worldwide of 11% p.a., from 128 to 157 gigawatts (GW). In contrast, the investment costs for the same period fell by 7% p.a.,... ... More: Official Press Release Commerzbank

Keywords:

Commerzbank, renewable energy, wind energy, wind farm, finances, market, Germany, auction, tender