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Make Consulting issues a regional report: Europe Wind Power Outlook 2014 and beyond

By Paul Dvorak | December 5, 2014

The MAKE report predicts a tough outlook for 2015 to 2016 as countries address important changes to their regulatory frameworks.

The MAKE report predicts a tough outlook for 2015 to 2016 as countries address important changes to their regulatory frameworks.

From the firm’s 119-page report: With an expected 2.5% year-over-year growth, the European wind market will stabilize in 2014 from the decline in 2013. Europe’s short term outlook from 2015 to 2016 shows declining wind demand driven by regulatory adjustments, however, MAKE forecasts an average long term growth of 2.1% per year from 2014 to 2023. European market growth is expected to be consistent until 2020 and to become more moderate hereafter, as a result of policy relaxation and a continuing path towards less ambitious goals for 2030.

Key report topics include:

  • Moderate growth in 2014 results in the second largest installation year ever in Europe
  • Tough outlook for 2015 to 2016 as countries address important changes to their regulatory frameworks
  • Resumed growth for 2017 to 2020 as EU Member States get closer to 2020 targets and wind power LCOE reductions continue
  • Sharp differences persist among Northern, Southern, and Eastern Europe, with Northern Europe driving 60% of the region’s demand
  • The offshore market accounted for 1.5GW of all new grid-connected capacity in Europe in 2013, with 1.8 GW expected to be grid-connected in 2014, eventually increasing to 4+GW

MAKE’s Europe Wind Power Outlook 2014 is a 119-page report containing over 40 charts, tables and graphs providing an in-depth analysis of Europe’s wind industry. The report studies key drivers and barriers for new wind power installations in Europe, regional growth trends, regulatory frameworks as well as 10-year market outlooks for onshore, offshore and grid connected growth.

MAKE Consulting

www.consult-make.com


Filed Under: News, Policy
Tagged With: makeconsulting
 

About The Author

Paul Dvorak

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