The merger of Siemens’ Wind Power business and Gamesa has today received unconditional clearance from the European competition authorities. Antitrust approvals have now been obtained in all required jurisdictions, and all the conditions precedent for the merger have been satisfied. Subject to pending closing actions, Siemens and Gamesa expect to close the merger early April, … Continue reading Merger of Siemens Wind Power and Gamesa receives antitrust clearance
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Merger of Siemens Wind Power and Gamesa receives antitrust clearance
The merger of Siemens’ Wind Power business and Gamesa has today received unconditional clearance from the European competition authorities. Antitrust approvals have now been obtained in all required jurisdictions, and all the conditions precedent for the merger have been satisfied. Subject to pending closing actions, Siemens and Gamesa expect to close the merger early in … Continue reading Merger of Siemens Wind Power and Gamesa receives antitrust clearance
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Member States agree on general approach on post-2020 ETS reform
Member States proposed to strengthen the Market Stability Reserve, a facility designed to take excess carbon permits out of the market from 2019 onwards. The rate at which it will take permits out of the market would be doubled. And permits stored in the reserve would be cancelled if a certain threshold is reached. The … Continue reading Member States agree on general approach on post-2020 ETS reform
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European Parliament agrees on measures to reform ETS after 2020
The European Parliament has established a common position on reforms to the Emissions Trading System after 2020. Policymakers voted to strengthen the Market Stability Reserve, a facility designed to remove excess carbon permits from the market. They also agreed to cancel 800 million allowances from the reserve, which comes into force in 2019. However, MEPs … Continue reading European Parliament agrees on measures to reform ETS after 2020
Continue readingWindEurope welcomes ENVI Committee vote to reform ETS
On 15 December, the European Parliament’s Environment Committee passed a series of changes to the Emissions Trading System, a majority of which would come into effect after 2020. These include: Measures to speed up the removal of pollution permits from the market. The committee agreed to increase the annual linear reduction factor from 2.2% to … Continue reading WindEurope welcomes ENVI Committee vote to reform ETS
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WindEurope calls on EU Member states and Parliament to go beyond ambition of the European Commission on the Clean Energy Package
WindEurope calls on the European Parliament and EU Member states to use the Winter Package as a base to build greater ambition on renewables and market design toward 2030. Giles Dickson, CEO of WindEurope, said: “We welcome the Commission’s package on renewables and market design. But there is still a lot of work to do … Continue reading WindEurope calls on EU Member states and Parliament to go beyond ambition of the European Commission on the Clean Energy Package
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Extension of the European Funds for Strategic Investments
On the occasion of his state of the Energy Union address in Strasbourg today, European Commission President Jean-Claude Juncker proposed to double the duration of the European Fund for Strategic Investments (EFSI) and double its financial capacity. WindEurope CEO Giles Dickson welcomes this announcement: “Well done to the Commission for launching the next chapter of … Continue reading Extension of the European Funds for Strategic Investments
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WindEurope CEO says oil and gas sector future in offshore wind power
WindEurope CEO Giles Dickson today spoke at the annual Offshore Northern Seas (ONS) event in Stavanger, a major gathering of the offshore oil and gas sector. He set out where offshore wind stands today in Europe and the outlook for the industry. He described how the oil and gas sectors were benefitting significantly from its … Continue reading WindEurope CEO says oil and gas sector future in offshore wind power
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Associations say EU law must hold Member States to account on renewables ambition
In October 2014, 28 EU Heads of State agreed that a binding target for renewables should be set at EU level to meet their collective climate and energy ambition. Since then, the European Parliament has consistently backed a binding renewable energy target for 2030, most recently in June 2016. The post-2020 renewable energy directive must … Continue reading Associations say EU law must hold Member States to account on renewables ambition
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Brexit Brings Chaos to Europe’s Renewable Energy Goals
The departure of the EU’s second-largest economy could have unsettling implications for the Paris climate accord. U.K. voters’ decision to exit the European Union sent shock waves through world markets today, including the energy sector. The consensus from policymakers, clean-energy advocates, and analysts was that while “Brexit” will not completely derail the EU’s efforts to … Continue reading Brexit Brings Chaos to Europe’s Renewable Energy Goals
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GE expected to win EU approval for $14 billion Alstom deal
General Electric is expected to secure EU approval for its proposed 12.4-billion-euro ($13.8 billion) bid for French peer Alstom’s power business, its largest ever deal. The green light from the European Commission will come 14 years after it rejected General Electric’s (GE) attempt at a $42 billion takeover of Honeywell International, despite clearance by U.S. … Continue reading GE expected to win EU approval for $14 billion Alstom deal
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Increased use of renewable energy, solar energy and wind power, helps EU reduce GHG emission
The EU greenhouse gases (GHG) emission savings due to final renewable energy consumption in electricity, cooling/heating and transport sectors rose at a compound annual growth rate of 8.8 percent from 2009 to 2012, according to a new report of the European Commission’s Joint Research Center (JRC). Nearly two thirds of the total savings came … Continue reading Increased use of renewable energy, solar energy and wind power, helps EU reduce GHG emission
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Offshore wind power industry sets record year for installations in first half of 2015
In the first six months of 2015, the European offshore wind energy industry installed more new capacity than in any other year on record as several projects reached completion and deployment of larger wind turbines increased. Installations in the first half of 2015 touched 2,342.9MW – tripling the grid-connected capacity for the same period last … Continue reading Offshore wind power industry sets record year for installations in first half of 2015
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Wind energy provides 8 percent of Europe’s electricity
EU’s grid connected cumulative capacity in 2014 reached 129 GW, meeting 8% of European electricity demand, equivalent to the combined annual consumption of Belgium, the Netherlands, Greece and Ireland. According to a JRC report, the impressive growth of the industry will allow at least 12% electricity share by 2020, a significant contribution to the goal … Continue reading Wind energy provides 8 percent of Europe’s electricity
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The technology, market and economic aspects of wind energy
The European Commission Joint Research Centre (JRC) has released the third edition of its annual report on the technology, market and economic aspects of Wind Energy in Europe and the world. Wind energy is an attractive alternative to fossil fuels. It is plentiful, renewable, widely distributed, clean and produces no greenhouse gas emissions. Onshore wind … Continue reading The technology, market and economic aspects of wind energy
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EU climate chief criticises UK wind energy policy
The UK’s decision to stop subsidising new onshore wind farms will make it harder to meet renewable energy targets, the EU’s climate chief says. Miguel Arias Canete said the EU had already calculated that the UK was not on track to meet legally binding goals. Asked by BBC News if the wind decision would … Continue reading EU climate chief criticises UK wind energy policy
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EU on track to meeting 20% renewable energy target
EU countries are well on the way to meeting the EU’s target for 20% renewable energy in the overall energy supply by 2020, a new report shows. Presented on 16 June, the European Commission’s renewable energy progress report reveals that 25 EU countries are expected to meet their 2013/2014 interim renewable energy targets. In … Continue reading EU on track to meeting 20% renewable energy target
Continue readingEWEA welcomes deal on reform of the ETS
The European Wind Energy Association welcomes the deal between lawmakers to reform the Emissions Trading System before 2021. The EU-28 Member States and the European Parliament have agreed to introduce a market stability reserve in 2019 to tackle a glut of over 2 billion excess permits in the ETS. The surplus of allowances is currently … Continue reading EWEA welcomes deal on reform of the ETS
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EWEA welcomes Energy Union proposal for post-2020 renewables directive
The European Commission’s Energy Union proposal to establish post-2020 legislation for renewables is a clear signal to investors that Europe is open for business on zero-carbon energy, says the chief executive officer of the European Wind Energy Association. The Vice President for Energy Union Maros Sefcovic plans to put forward a Renewable Energy Package as … Continue reading EWEA welcomes Energy Union proposal for post-2020 renewables directive
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Annual wind power market grows by 44%, passes 50 GW for the first time
After a slowdown in 2013, the wind industry set a new record for annual installations in 2014. Globally, 51,477 MW of new wind generating capacity was added in 2014 according to the global wind market statistics released today by the Global Wind Energy Council (GWEC). The record-setting figure represents a 44% increase in the annual … Continue reading Annual wind power market grows by 44%, passes 50 GW for the first time
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