- Published: 15 November 2017 15 November 2017
Wind energy is set to become the leading source of electricity in the EU soon after 2030. This is according to the latest report from the International Energy Agency (IEA), ‘World Energy Outlook (WEO) 2017.
The IEA attributes this to the rapidly falling costs of renewables. They predict continued strong growth in both onshore and offshore wind and see renewables as a whole accounting for 80% of new power generation capacity in Europe between now and 2040. The WEO is consistent with WindEurope’s recent ‘Scenarios for 2030’ report which shows that, with the right policies, wind could provide 30% of Europe’s power and reach a total installed capacity of 323 GW by 2030.