The German wind energy market is bouncing back in 2020 after its wind capacity dropped in 2019, spelling good news for renewable power in Europe.
After Germany’s hobbled wind energy market dropped from 5.3 gigawatts of new wind capacity in 2017 to just 1 gigawatt of new wind capacity in 2019, I was worried that their passion for clean energy was running out of steam.
However, it looks like the German wind energy market is bouncing back in 2020.
After a bad few years due to a bunch of uninteresting policy decisions, the next couple of years are seeing a return to investment in this area.
According to GreenTechMedia, the wind market is thought to bounce back in the next year or two:
“You will witness a surge in activity in 2021," said Shashi Barla, principal analyst for global wind supply chain and technology at Wood Mackenzie, in an email. ‘The rise in installations is largely attributed to the auction projects awarded back in 2017 and 2018,’ Barla said. ‘We expect most of these projects will be commissioned in 2021.’”
Obviously, we might see some delays due to the pandemic, but that’s inevitable. At least the amount of pollution has decreased during this period.
It’s good to hear that renewable power is going to continue to thrive in Europe despite the recent setbacks. Here’s to a greener tomorrow for Germany!