Wind energy in Europe: Outlook to 2023

6 October 2019

Wind energy in Europe: Outlook to 2023

Overview

By the end of 2020 European countries are due to deliver on their 2020 renewable energy targets and will start implementing their 2030 National Energy and Climate Plans (NECPs) towards the 32% renewables target. Wind energy will play a key role over the period, allowing many European countries to continue decarbonising their power systems in a cost-effective way and to continue the transformation of their energy systems.

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Findings

Wind energy could grow by 90 GW in Europe in the next five years but there’s a lot of uncertainty.

With 90 GW of wind power due to be installed in the next five years Europe could reach 277 GW of installed capacity by 2023.

Germany, Spain & the UK will still have the most wind energy capacity by 2023. Growth is due to slow in Germany and accelerate in France, Spain & Sweden.

€208bn will be invested in new wind energy assets in Europe by 2023.

Germany, France and Spain will lead the wind energy installation growth in Europe over the next five year.

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If yes, log in into the members area and access to the interactive data tool which would help you to understand the dynamics of installations year on year, country by country by 2023 as well as planned auctions and tenders in Europe.

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Wind energy in Europe: Outlook to 2023

WIND ENERGY IN EUROPE:
OUTLOOK TO 2023