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Thursday, November 14, 2024

Nordex CEO: onshore wind provide chain ‘operating with substantial overcapacity’



Wind energy provide chains are stabilising after the shocks from Covid-19 and the battle in Ukraine, and are able to ship and make investments if wanted to just about double Europe’s annual turbine installations, Nordex CEO Jose Luis Blanco stated through the WindEurope convention in Bilbao, however warned “many suppliers sadly have their factories half empty.”

Europe final yr put in roughly 16GW of recent wind capability, most of which in on land, which is about half of the 30GW envisioned by 2030, Blanco stated throughout a panel on the resilience of the provision chain for Europe’s vitality transition.

Adjustments to laws are leading to extra permits, which for instance in Germany had elevated by 70%, Blanco careworn, including that taking motion to take away the allow bottleneck needs to be adopted by different European nations.

“Higher insurance policies are anow hitting floor on supporting a rising market,” Blanco stated, including that offer chains are “normalised and we’re able to ship and make investments if wanted.

“I don’t assume a lot funding will probably be wanted in onshore, as a result of sadly, we, our opponents, [and] our provide chain companions, are operating with substantial overcapacity,” he stated.

“We’re wanting ahead to extra quantity.”

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Different members on the panel additionally careworn the necessity for a steady pipeline of initiatives, which nationwide governments and the EU ought to foster.

“It’s important to have extra initiatives,” stated Dennis Rendschmidt, managing director at VDMA Energy Techniques, a bunch representing German wind producers.

“We want a transparent sign from politicians that the growth is ongoing, that we’ll have extra initiatives in coming years.”

There’s additionally a must do nonetheless extra on regulation to ensure the EU’s bold renewables targets could be fulfilled, he added.

“There isn’t a scarcity of capability proper now as Jose Luis talked about earlier,” Enercon chief business officer Uli Schulze Südhoff confirmed.

“We’ve got capability. So, there is no such thing as a battle between industrial coverage and the renewables buildout. Each is feasible.

“What is actually is that we get certainty [about the upcoming wind power pipeline]. We want funding certainty, then we will additionally act quick. That’s actually lacking. Slightly bit extra braveness and traction are wanted.”

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