Why the European wind industry is struggling despite high wholesale electricity prices | WindEurope

Why the European wind industry is struggling despite high wholesale electricity prices

Published on 22 July 2022

Overview

The European wind industry is struggling. In 2021 Europe's five wind turbine manufacturers were operating at a loss. The current high wholesale electricity prices aren't changing anything to this situation: because of the way wind farms are financed, wind energy producers don't benefit from the high prices, and therefore manufacturers don't either. But there's five things Governments can do to support the European wind industry, and ensure that the European Green Deal and REPowerEU Plan are "made in Europe".

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