Last yr, wind power generation in Europe achieved poor performance, reaching only half of its goal.
Citing a report from Wind Europe, the European wind power association, Reuters reported on the tenth (local time) that wind power generation failed to fulfill its goal by producing only 20% of electricity in Europe last yr.
To attain the 2030 goal, about 30 gigawatts (GW) of wind power needed to be installed, but only half, or 15 GW, was installed. Wind power generation capability is 13GW on land and a couple of.3GW offshore, and newly installed capability in 27 countries recorded 13GW.
The EU plans to cover 34% of electricity consumption with wind power by 2030. An attempt was made to unravel existing complex and time-consuming problems by introducing latest permit regulations.
Nonetheless, it was found that the majority countries didn’t implement this properly. Germany alone has change into a model example by installing 15GW of wind power projects.
Lack of power grid was also cited as an issue. A Wind Europe official said, “The potential capability of 500GW of wind power generation is being evaluated for connection,” and added, “If the facility grid just isn’t expanded, we can have to attend for connection even after installation, just like the wind power plant in Borkum, Germany.”
Europe’s low electricity use rate can also be an issue. Specifically, the electrification of the transportation, heating, and industrial sectors is slow, and the proportion of electricity in Europe is just 23%. It’s identified that this needs to be expanded to 61% by 2050.
Because of these problems, about 31 billion euros (about 46 trillion won) were invested in latest wind power generation in Europe last yr, a big decrease in comparison with 2023. Specifically, the decline within the offshore wind power sector was clear.
It was said that the North Sea offshore wind power project conducted by the Danish Energy Agency in December last yr was terminated and not using a bid, which was on account of changes within the wind power generation market. The authorities cited inflation, rate of interest hikes, and provide chain bottlenecks as major problems.
Meanwhile, McKinsey & Company (McKinsey), a worldwide management consulting firm, said that operation and maintenance measures have to be prepared for offshore wind power on account of rising costs, and proposed strengthening operations through integration of digital solutions and hubs and utilizing industry structural opportunities as key strategies. did it
Reporter Jaeseung Lee energy@aitimes.com
