EU pledges wind, solar funding to narrow gap with U.S.

Jan 18, 2023

Volatile regulation, permitting challenges and a lack of federal financing in Europe are making the U.S. more attractive for onshore wind investment, industry experts warn.

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Caithness Shepherds Flat gets site certificate for its wind energy facility
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Initial installation of Rhyl Flats wind farm completed
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*Research note* Wind Energy Operations & Maintenance Costs

Long term contracts have led to a higher cost profile for asset owners and contracted asset owner, due to the “partial wrap” or “full wrap” component warranty for blades, gearboxes, and generators. However, the global COVID-19 pandemic has had some material impacts on this trend with OpEx budgets that were rapidly slashed. Has this affected you?
*Research Note* Wind Turbine OEMs: Reducing your bill of materials cost opens new markets

One of the most important tools they have to open new market is to reduce the bill of material costs. Drawing on an example from Nordex Acciona, the following research note takes a look at their global product sales pipeline, bill of materials reduction trends, global turbine price trends as well as buying patterns.
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The global offshore wind energy market is undergoing a period of explosive growth. The market could grow to a total of 584GW installed if the industry finds a way to unlock the US $1.432 trillion in investment required to develop the proposed capacity additions.
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Facing a period of tremendous growth, the offshore wind energy sector must continue to expand the supply chain to gain maximum global leverage and fulfil its potential. Understanding technology growth patterns and how to position yourself in this changing market landscape will be critical.

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EU pledges wind, solar funding to narrow gap with U.S.

Operations & Maintenance

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