12 April 2022
WindEurope position on Market Design: driving investments towards a climate-neutral and energy secure Europe
Europe is committed to becoming climate neutral by 2050. This requires ramping up wind capacity from 190 GW today to 1,300 GW driving the renewables-based electrification of our economy. The current geopolitical situation and resulting energy crisis put into even sharper focus the need to accelerate the transition to home-grown zero-carbon energy. This paper recommends the required adjustments to the energy market design to
- send the right investment signals to deploy the needed wind volumes
- guarantee energy security
- ensure a cost-effective management of a fully decarbonised energy system.
