2020-08-12
External NewsResilient wind industry delivers 17% of Europe’s electricity, proves smart bet for Europe’s green recovery
The new WindEurope publication “The Impact of COVID-19 on Europe’s wind sector” analyses how the ongoing pandemic affected new installations, auction schedules, financing and electricity production in the first half of 2020. While the wind industry experienced disruptions in the first semester, installation levels were comparable to previous years and financing for new wind farms reached €14.3bn. The wind industry is uniquely positioned to contribute to a future-proof economic recovery under the €750bn EU recovery plan, 30% of which will go to green investments.
Due to the ongoing COVID-19 pandemic, the wind industry supply chain experienced major disruptions in the first semester, particularly on the production and assembly of wind turbine components and imports of subcomponents, mainly from Asia. In response to national Government measures, European factories experienced temporary closures, especially in the most affected countries Italy and Spain. Other facilities had a reduction in the number of workers due to the implementation of social distancing, self-quarantine. The reduced free movement of people and goods impacted Operation and Maintenance services and the commissioning of onshore and offshore wind in Europe shows the new WindEurope publication “The impact of COVID-19 on Europe’s wind sector”.
Read the full press release and report from WindEurope.