Tag Archives: WindEurope

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RE-Source Platform: Number of PPAs in Europe drops by 60%

The number of power purchase agreements in Europe decreased by 60% compared to the same period last year, while contracted capacity has dropped by 40%, according to RE-Source Platform. Europe’s power purchase agreement (PPA) market is facing headwinds in grid development, permitting and electrification and from negative electricity prices, RE-Source Platform warned. RE-Source Platform facilitates […]

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WindEurope: EU must boost investment in ports, ships to meet offshore wind targets

Europe needs to increase investment in ports and shipbuilding, which play a crucial role in offshore wind development, to achieve its goals in this energy segment, according to wind industry association WindEurope. The European Commission’s upcoming strategies for ports and the maritime industry are expected to create conditions for the necessary investment. The European Union […]

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EU outlines measures for 90% emissions cut by 2040

The European Commission proposed an amendment to the European Climate Law, setting a 2040 target of a 90% reduction in net greenhouse gas emissions from the 1990 level. The outlined measures would give certainty to investors, promote innovation and business competitiveness and increase energy security, according to the European Union’s executive body. The EU is […]