in News Departments > Policy Watch
print the content item

The European wind energy industry is being hit by the economic crisis, and a difficult situation should not be made worse by politicians undermining investor confidence, warned top industry figures in Vienna, the European Wind Energy Association (EWEA) reports.

At the opening of EWEA's annual wind power conference, politicians and industry representatives also spoke of the need to secure the further growth of wind energy in Europe after the current 2020 renewable energy target runs out, and of the disparity between fossil fuel and renewable energy subsidies.

Arthouros Zervos, president of EWEA, criticized "sudden or retroactive changes to support schemes" and warned that "the wind industry can be a driver for growth, for jobs and exports but not if government policies drive away investors."

Zervos told industry leaders and ministers that the wind industry is suffering serious job losses and will suffer more difficulties this year. He called for binding renewable energy targets for 2030 as a way to create investor confidence.

Meanwhile, Fatih Birol, chief economist at the International Energy Agency, said global fossil-fuel subsidies totaled $523 billion in 2011, compared to just $88 billion for renewable energy.

According to Francesco Starace, CEO of Enel Green Power and chair of EWEA 2013, policy will be critical to ensuring the success of the European wind energy industry.

"Many are the challenges that the European wind industry will face at the domestic level, which require attention now: [European Union (EU)] energy policy after 2020, the further development of electricity infrastructure, and the competitiveness and integration of wind energy in the electricity market are among the most pressing," he said. "Furthermore, for preparing a proper future, the present should be adequately dealt with, and therefore, for reaching the 2020 targets, EU member states have to guarantee efficient and reliable renewable energy policies.”

Iowa Dept Economics

Hse SandyHook
Latest Top Stories

Wind Consortium Deploys Nacelle-Mounted LIDAR At Offshore Site In Irish Sea

In an important development for performance verification for offshore wind sites, a group of companies have deployed a nacelle-mounted LIDAR at DONG Energy's 367 MW Walney Wind Farm.


As U.S. DOJ Investigates, Duke Works Adaptive Management Plan

With previous golden eagle fatalities reported at two company-owned wind farms in Wyoming, Duke Energy Renewables is going to great lengths to protect raptors.


DOE To Recast Landmark 20% Wind Energy Report; Study Looks Back, Ahead

The U.S. Department of Energy will update its 20% Wind Energy By 2030 report, which indicated increased levels of wind penetration for the U.S. is not only possible but feasible.


Wind Energy Procurement Top Of Mind For Big-Name Companies

With greater frequency, top-tier companies are discovering the economic and environmental power of wind energy and upping their investments in the resource.


WINDPOWER Panelists Issue A Call To Arms: Protect RPS Mandates

Votes on several legislative bills concerning state renewable portfolio standards (RPS) are nearing. How can you help protect and maintain these development drivers?

Upwind Solutions_id1629
SandC Electric_id1674
Mankiewicz_id1700
Power Climber_id1660
Trachte Inc._id484
Castrol
AWEA_id1658