MAKE’s most recent wind power outlook for Europe expects 161GW of new capacity to be added in the region over the next 10 years making it the second-largest region in the world after China, reaching 302GW of total cumulative capacity by the end of 2026.
Key report points include:
- Following the results of the first three onshore wind bidding rounds held in 2017, Germany will fine-tune its auction system in 2018 to enhance clarity over project commissioning timelines and completion rates
- The offshore wind sector will remain the main growth driver in the UK wind market, growing at a CAGR of 40%
- Growth in other markets in Europe – primarily Turkey, Spain and the Netherlands – provides a boost to the region
As an additional feature, a graphics library is available for this publication; enabling easy access and overview to key figures included in the report.
MAKE’s Europe Wind Power Outlook 2017 is a 130+ page report containing 100+ charts, tables and graphs providing in-depth analysis of the wind power markets in Europe. The report studies the key drivers and barriers for new wind power installations in Europe with a focus on specific national and sub-regional markets. The analysis focuses on macro conditions, regulatory frameworks as well as 10-year market outlooks and forecast scenarios (bull, base, and bear) for Germany, the UK, France, Turkey, Spain and the Netherlands. Market models are illustrated, demonstrating the critical forces that are shaping demand for new wind power generation assets.
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