Wind Europe has published a flagship report focusing on the benefits of wind power for the economy and the lifestyle of the continent
In order to show how wind energy contributes to the European economy and the people’s lifestyle, Wind Europe has published a new flagship report. The main goal is to acknowledge the significant role that can play this kind of energy power in a green economic recovery for the continent during and after the Covid-19 crisis.
The paper, named as ‘Wind Energy and Recovery in Europe’, shows not only the benefits of wind energy to create jobs and value for the economy, but also its impact on the communities living near wind farms. According to Wind Europe, it also presents the state-of-play of the European wind industry and its global competitiveness.
In addition, Wind Europe explains that this document proves that the industrial footprint in Europe is ready to expand if there is a strong domestic market and an effective industrial policy. It also illustrates how wind energy can co-exist with local natural protection and other economic sectors like fishing, agriculture and aviation.
Among the key points and findings of the report are the 300,000 jobs in the European Union represented by this energy in 2019 or the €69bn of annual turnover of this industry to the continent’s economy.
This document also shows the most relevant inputs related to the offshore wind industry in which is currently working ROMEO Project (Reliable OM decision tools and strategies for high LCoE reduction on offshore wind). For example, it says that the wind industry generates €2.1bn of value added to the EU economy for each new GW of offshore wind.
ROMEO Project is an initiative backed by the European Commission’s Horizon 2020 programme that is testing is technological advances for the improvement of the offshore wind industry. The project’s consortium is formed by several European partners: Iberdrola, Siemens Gamesa, RAMBOLL, IBM Research – Zurich, INDRA, BACHMANN Monitoring, LAULAGUN Bearings, UPTIME Engineering, University of Strathclyde and ZABALA Innovation Consulting.