Europe needs more wind energy to deliver its 2030 climate and energy goals, WindEurope said in a report on April 13. Europe confirmed €43 billion of investments in new wind farms in 2020, the second highest amount on record and 70% up on 2019,Wind Europe said in its annual report “Wind Energy Financing and Investment Trends,” adding that €17 billion was for onshore wind, covering 13 GW of new capacity and €26 billion was for offshore wind, covering 7 GW of new capacity.

Large projects boosted the offshore numbers, including Dogger Bank in the UK which will be Europe’s largest wind farm when completed and Hollandse Kust Zuid in the Netherlands.

The investments cover 20 GW of new capacity that will be built in the coming years, 13 GW of it in the European Union. “But this is much less than what Europe needs to deliver its 2030 climate and energy goals.

https://www.neweurope.eu/article/eus-55-emissions-cut-target-for-2030-requires-27-gw-a-year-of-new-wind-energy/

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