Executives from Europe’s wind energy sector have come together
during a meeting of the European Wind Energy Association in order to
provide predictions concerning the future of the wind market. Europe has
become a very active market for wind power, with several countries
investing heavily in wind projects. Both offshore and onshore projects
have managed to find traction throughout Europe and many countries are
showing favor for these projects because of the economic opportunities
they have to offer.
According to executives from the wind sector, advanced technology that does not rely on subsidies from European governments will soon become commonplace. Relying on subsidies has caused some stagnation in the wind sector because governments are not often inclined to show financial support for projects that are considered too innovative. Better technology could help make wind farms produce more electrical power more efficiently.
Executives suggested that more could be done with making offshore wind power more valuable as well. Many countries have begun investing in offshore projects, but these projects tend to be expensive and many governments have difficulty reconciling the expense of these projects with the energy they are able to provide.
Read more: Wind energy execs predict European market future - Hydrogen Fuel News | Hydrogen Fuel News
According to executives from the wind sector, advanced technology that does not rely on subsidies from European governments will soon become commonplace. Relying on subsidies has caused some stagnation in the wind sector because governments are not often inclined to show financial support for projects that are considered too innovative. Better technology could help make wind farms produce more electrical power more efficiently.
Executives suggested that more could be done with making offshore wind power more valuable as well. Many countries have begun investing in offshore projects, but these projects tend to be expensive and many governments have difficulty reconciling the expense of these projects with the energy they are able to provide.
Read more: Wind energy execs predict European market future - Hydrogen Fuel News | Hydrogen Fuel News
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