Wind farm operators are seeking for a new generation of colossal wind turbines, taller than many skyscrapers, as they want to remain profitable after EU cancels subsidies, that have ruled the green industry since the 1990s. The main countries of the EU offshore wind industry - Denmark, Germany, the Netherlands, and UK - are looking to gradually reduce contributions over the next decade. Subsidies still account for almost 50% of EU wind projects' income.
read more... 28/06/2017
Germany will cooperate with California on climate change goals after the U.S. President Donald Trump's decision earlier this month to withdraw from the 2015 Paris agreement, which was condemned by world leaders and many in the industry.
read more... 13/06/2017
Germany, Denmark and Belgium joined with 25 industry giants, including Dong Energy and Siemens Gamesa, to issue a statement pledging to increase Europe's offshore wind capacity by almost 500% in the next decade.
read more... 09/06/2017
Germany approved a capacity of 807 megawatts (MW) at onshore wind parks on Friday, stating the price at which it granted the projects was below expectations in a sign that competition in the industry will lead to lower prices for users.
read more... 22/05/2017
According to a Thomson Reuters survey, organized among over 700 carbon market participants, such as traders, company representatives and government officials, almost 50% of respondents believe that the UK will remain in the EU Emissions Trading System (ETS) after Brexit.
read more... 19/05/2017