Europe falls short on wind energy investments

Wind Industry Profile of

Europe invested just €17bn in new wind farms in 2022. That’s down from €41bn in 2021 and the lowest investment figure since 2009 – a stark warning to Governments and policymakers. The EU wants to accelerate the build-out of wind energy to strengthen its energy security and ensure affordable electricity prices. But recent market interventions and remaining barriers are deterring investors. Europe urgently needs to restore investor confidence. Otherwise it might see a drop in new wind farms instead of the big increase envisaged in REPowerEU.

WindEurope’s Annual Financing and Investment Trends report finds that Europe invested just €17bn in new wind farms in 2022, the lowest since 2009. Germany invested the most... ... More: Official Press Release WindEurope

Keywords:

WindEurope, Europe, investment, renewable energy, electricity, price, costs, onshore, offshore, wind farm, solar, FID, Germany, commercial