Enercon CEO: 'next three years crucial' to save European wind turbines as China and US pile on subsidies - Recharge
Enercon CEO: 'next three years crucial' to save European wind turbines as China and US pile on subsidies | Recharge
Europe must create a level playing field and the right framework conditions for the wind industry in reaction to massive Chinese and US subsidies if it wants to keep domestic manufacturing, the fate of which will be decided within the next three years, Enercon CEO Jürgen Zeschky told Recharge.
Enercon CEO: 'next three years crucial' to save European wind turbines as China and US pile on subsidies
Continent must react to massive support from 'east and west' with auctions that attach value to 'Made in Europe' machines, says Enercon's Jürgen Zeschky
18 September 2023 12:19 GMT Updated 18 September 2023 12:27 GMT
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Related Knowledge Center: ENERGY BASICS: wind
Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent.