Article
Deloitte and WindEurope
Exploring the impact of wind energy on the European economy
Wind energy transitioned from a niche technology to an industrial sector in the last decade, making Europe a leader in wind energy and providing clean, competitive and reliable energy. This has yielded significant benefits to the European economy by generating revenue to local communities, creating numerous job opportunities and reducing Europe’s fuel import dependency.
However, the increased international competition in wind energy, together with local content requirements and supply chain constraints, have limited the growth potential of European wind turbines, risking the existing jobs and positive trade balance that wind energy has brought. How can the European governments respond to revive the local markets and preserve economic benefits?
This report, developed by Deloitte Spain and WindEurope, examines policies and measures that are needed to ensure that Europe gets the most out of wind energy. It details the economic footprint of the wind sector from 2011 to 2016 to inform the discussions on Europe’s energy future as part of the Clean Energy Package.
About WindEurope
WindEurope is the voice of the wind industry, actively promoting wind power in Europe and worldwide. It has over 450 members, with headquarters in more than 40 countries, including the leading wind turbine manufacturers, component suppliers, research institutes, national wind energy associations, developers, contractors, electricity providers, financial institutions, insurance companies and consultants. This combined strength makes WindEurope Europe's largest and most powerful wind energy network.