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US wind power industry reports third strongest quarter ever

AWEA’s U.S. Wind Industry Fourth Quarter 2018 Market Report reveals that non-utility customers like AT&T, Walmart, ExxonMobil, and Shell Energy purchased a record 4,203MW of wind power capacity in 2018 through Power Purchase Agreements (PPA). Utilities signed contracts for 4,304MW of wind power in 2018 that, when combined with non-utility purchases, reached the highest level on record for overall PPA activity with 8,507MW in 2018.

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Taiwan announces 2019 feed-in-tariff for offshore wind

Taiwan’s Ministry of Economic Affairs has today announced the feed-in-tariff for offshore wind projects which sign a power purchase agreement with Taipower in 2019. Developers have the option to choose between a 20-year flat tariff of TWD5,516 (approx. EUR157) per MWh or a tiered tariff of TWD6,279.5 (approx. EUR178) per MWh for the first 10 years and TWD4,142.2 (approx. EUR118) per MWh for the subsequent 10 years.

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Installation figures of German onshore wind energy collapse massively

According to the figures provided by Deutsche WindGuard, the gross expansion of onshore wind turbines in 2018 is virtually collapsing. With only 2,402MW or 743 turbines, new construction is still falling short of the 2013 level, although the demand for renewable electricity will increase significantly in perspective.

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Corporate clean energy buying surged to new record in 2018

Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017. BloombergNEF (BNEF) finds in its 1H 2019 Corporate Energy Market Outlook, published, that some 13.4GW of clean energy contracts were signed by 121 corporations in 21 different countries in 2018. This was up from 6.1GW in 2017, and positions companies alongside utilities as the biggest buyers of clean energy globally.

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Global offshore wind demand will increase nearly sixfold over the next 10 years

By the end of 2017, offshore wind had only been deployed commercially across seven markets, with UK and Germany accounting for 68% of the grid-connected capacity. However, according to a recent report from Wood Mackenzie Power and Renewables, global offshore wind power demand will increase almost sixfold over the coming 10 years with projects deployed commercially across 18 countries by 2027.

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Demand for renewable electricity surpasses 500 TWh in Europe

“For the first time renewable energy demand in Europe surpasses 500 TWh - or half a billion Guarantees of Origin (GOs),” says Tom Lindberg, Managing Director in ECOHZ, commenting on 2018 statistics from the Association of Issuing Bodies (AIB). The current reported volume is 499 TWh, but this is expected to increase by an additional 10 TWh, when unreported German Q4 figures are included. This will push the expected total demand for renewable electricity documented with Guarantees of Origin close to 510 TWh. This represents a 8% increase from 470 TWh in 2017.

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