This statistics illustrates investment projections for the wind energy industry in Europe in 2030, by scenario. In the high scenario, which assumes the achievement of a 35 percent EU renewable energy target is met, investments are expected to amount to 351 billion euros. This is 47 percent more than that projected in the central scenario. The low scenario indicates there will 20 percent less capacity than in the central scenario, which will result in a reduction in investment.
Wind energy industry investment projections in Europe in 2030, by scenario
(in billion euros)
Characteristic
investments in billion euros
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*According to the source, In the Low Scenario, there would be 256.4 GW of wind capacity in 2030, 207 GW onshore and 49 GW offshore, producing 21.6% of the EU’s power demand in 2030. That is 20% less capacity than in the Central Scenario
** Central Scenario assumes that the EU meets its 27% renewable energy target in 2030 through the adoption of the Clean Energy Package proposals presented by the European Commission in November 2016
***High Scenario, which assumes favorable market and policy conditions including the achievement of a 35% EU renewable energy target, 397 GW of wind energy capacity would be installed in the EU by 2030, 298.5 GW onshore and 99 GW offshore. This would be 23% more capacity than in the Central Scenario and two and a half times more capacity than currently installed in the EU.
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WindEurope . (September 22, 2017). Wind energy industry investment projections in Europe in 2030, by scenario (in billion euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/804769/wind-energy-investment-projections-europe/
WindEurope . "Wind energy industry investment projections in Europe in 2030, by scenario (in billion euros)." Chart. September 22, 2017. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/804769/wind-energy-investment-projections-europe/
WindEurope . (2017). Wind energy industry investment projections in Europe in 2030, by scenario (in billion euros). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/804769/wind-energy-investment-projections-europe/
WindEurope . "Wind Energy Industry Investment Projections in Europe in 2030, by Scenario (in Billion Euros)." Statista, Statista Inc., 22 Sep 2017, https://www.statista.com/statistics/804769/wind-energy-investment-projections-europe/
WindEurope , Wind energy industry investment projections in Europe in 2030, by scenario (in billion euros) Statista, https://www.statista.com/statistics/804769/wind-energy-investment-projections-europe/ (last visited August 25, 2024)
Wind energy industry investment projections in Europe in 2030, by scenario (in billion euros) [Graph], WindEurope , September 22, 2017. [Online]. Available: https://www.statista.com/statistics/804769/wind-energy-investment-projections-europe/