Daily Archives: October 25, 2023

Investments in wind energy are down – Europe must get market design and green industrial policy right

Investments in wind energy in Europe fell in 2022. Orders for new wind turbines were down 47% on 2021. There was not a single investment in an offshore wind farm. The problem is inflation, with costs rising at a higher rate than … Continue reading

Posted in Climate Change, Greenhouse Gases, Industrial, Policy, Renewables, Solar, Solar Policy, Wind | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

EDP Renewables recurring net profit increased 2% in 2022

EDPR invested over five billion euros in 2022 to accelerate the energy transition, almost doubling gross investment year-on-year. Renewable generation growth and asset rotations completed contributed to recurring net profits of €671 million. EDP Renewables (EDPR), the fourth largest producer … Continue reading

Posted in Cogeneration, Power Generation, Renewables, Wind | Tagged , , , , , , , , , , , , | Leave a comment