EU's wind power plan targets inflow of Chinese turbines - Nikkei Asia
EU's wind power plan targets inflow of Chinese turbines - Nikkei Asia
BRUSSELS/FRANKFURT, Germany -- With cheap Chinese products flooding into Europe's wind power market, the European Union is ramping up efforts to foster local industry players and ensure fair competition in the field.
The EU aims to increase renewable energy to at least 42.5% of consumption by 2030. But European companies are struggling to keep up with the demands of this ambitious goal, and industry groups warn of a reliance on Chinese alternatives.
Related Knowledge Center: ENERGY BASICS: hydropower
Hydropower — electricity generated by turbines capturing energy from moving water — was for many years the primary contributor of renewable energy to the U.S. electricity grid. Its growth was rapid into the 1970s, and since then has offered a stable supply of power, while a declining share of all generation. For many years, hydropower was seen as clean energy and an unalloyed good, but a greater understanding of the impact of dams on ecosystems and wildlife has led to the removal of some dams. As of 2019, hydropower trails wind as a renewable source of power generation.