Wind power can meet a quarter of Europe’s electricity demand by 2030 if Member States deliver on climate and energy pledges, according to the latest forecasts by the European Wind Energy Association (EWEA).
Over the next 15 years, EWEA expects wind power installations in Europe to reach 320GW of capacity, which could serve 24.4% of electricity demand across the region.
Recent regulatory and economic developments in the EU have significantly changed the wind energy perspective for the next 15 years. In light of uncertain governance towards achieving EU climate and energy binding targets, EWEA updated the European wind energy industry’s vision to 2030: Wind Energy Scenarios for 2030.
With 254GW from onshore wind and 66GW coming from offshore installations, the European wind industry will provide up to 334,000 direct and indirect jobs by 2030 in the most feasible scenario.
However, the forecasts are contingent on a number of factors on the political and regulatory front including a clear governance structure for the EU-wide 27% renewables target for 2030, which was agreed last year.
Clear direction is needed from the European Commission to ensure that Member States propose robust national action plans for renewable energy and remain on track to meet the common target.
“Three key challenges must be tackled. A renewable energy directive with a strong legal foundation for renewables in the post-2020 space; a reformed power market tailored to renewable energy integration and, finally, a revitalised Emissions Trading System that provides a clear signal to investors by putting a meaningful price on carbon pollution.” said Kristian Ruby, Chief Policy Officer of the European Wind Energy Association.