No new wind turbine factories without government help: Siemens Gamesa CEO - Recharge
No new wind turbine factories without government help: Siemens Gamesa CEO | Recharge
Discussions with policymakers are ongoing over how to support new factories and other capacity growth investments by struggling wind turbine manufacturers in Europe – but while there is “some movement” in those talks it is still “not enough”, Siemens Gamesa CEO Jochen Eickholt said.
The OEM said a distinction needs to be drawn between innovation-related activities and those that grow capacity and also generate additional employment.
“If we consider for instance opening a new plant then there is a massive need for additional support, otherwise it won't be possible,” Eckholt said in a podcast run by the Global Wind Energy Council (GWEC).
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.