- Category: Publishers Note
Is the EU’s investigation into Chinese wind turbine manufacturers justified?
The European Commission has initiated an investigation into Chinese wind turbine manufacturers under the new Foreign Subsidies Regulation. This move follows concerns over the impact of Chinese suppliers offering cheap turbines and generous financing and the subsequent effect of this on the integrity of the European market and fair competition. The recent investigations into Chinese wind turbine manufacturers focus on unfair trade practices in Spain, Greece, France, Romania and Bulgaria.
- Category: Publishers Note
Returning to profitability
The last few years have been challenging for the wind energy sector, with high interest rates, cost inflation resulting in higher costs per megawatt, and supply chain issues. For the year 2022, almost all wind turbine OEMs reported negative results, but it seems that this situation is improving since some of the OEMs have returned to profitability.
- Category: Publishers Note
Advances and challenges in Europe’s offshore wind energy sector
The European Network of Transmission System Operators for Electricity (ENTSO-E) recently unveiled the Offshore Network Development Plans (ONDPs) of the European Union (EU), marking a significant milestone in the region’s commitment to expanding offshore wind energy. The ONDPs, a response to the EU Grid Action Plan, present a cross-border review of existing offshore grid capacity and future requirements.
- Category: Publishers Note
Extending the investment payback period for offshore wind turbine manufacturers and the supply chain
The wind energy industry has been a rat race for many years, especially when it comes to the offshore market. OEMs have introduced new, often larger turbine models approximately every two years. While these larger turbines promise increased energy production, they come with a substantial downside. The development of new and larger models demands significant investments from OEMs. Moreover, it necessitates the implementation of new methods and technologies for turbine installation, including larger vessels and cranes. Consequently, this puts pressure on the entire supply chain, forcing it to continually invest in new technologies to remain competitive and operational within this dynamic market.
- Category: Publishers Note
The changing mineral landscape and its implications for the wind energy market
As the world moves towards cleaner, more sustainable energy sources, the wind energy sector has emerged as a key participant. However, beneath the surface of this transition is a complex correlation, including critical minerals that are required for the development and maturation of wind energy technology.
- Category: Publishers Note
Revitalising wind turbine OEMs’ profitability: strategies for success
The profitability challenges faced by wind turbine OEMs have become an increasingly pressing concern within the industry. In order to ensure the long-term sustainability of the wind energy sector, it is crucial to implement specific strategies that can enhance the profitability of these OEMs. Let us explore the available options and potential solutions to this complex issue.
- Category: Publishers Note
Copenhagen was the centre of the wind industry once again
The WindEurope Annual Event 2023 was organised in Copenhagen from 25 to 27 April. It was the biggest WindEurope event so far. More than 15,000 participants and more than 500 exhibitors participated in the event. Walking around the venue, you could feel the positive buzz, and all the people I spoke to (which were a lot!) were positive about the event.
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