Meet us at the WindEurope Conference in Amsterdam

22-09-2017

Wind was the biggest driver for renewable energy investments in 2016. In Europe, a total of €43 bn was generated for the construction of new wind farms, refinancing projects, acquisitions and public market fundraising. Overall, investments increased by 22% in 2016. This increase is essentially linked to new financing activity in offshore wind, which increased by 39% in 2015 (Source: WindEurope).

While we witnessed a record level of new investments in 2016, lower volumes are expected in 2017. The shift from feed-in tariffs to auctions and feed-in-premiums is heavily influencing and slowing down activity in major wind energy markets. The fall in investments in renewables is due to two main elements. The first is lower costs, with the average dollar per MW down by more than 10% for onshore wind and offshore wind, steadily improving the competitiveness of these technologies. The second reason is less positive, with a clear decline of financing in China, Japan and some emerging markets (Source: Frankfurt School-UNEP Centre/Bloomberg New Energy Finance).

However, a total of 14 gigawatts is still expected to be commissioned in Europe in 2017 (Source: GWEC), thus providing still quite some opportunities for the market and a lot to discuss during this year’s WindEurope conference & exhibition at Amsterdam between 28 and 30 November.

Come and meet the whole team at our booth n°1F92!

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