Undreamt of revenues? Most wind farms get no energy value bonanza, WindEurope tells EU

A transparent majority of Europe’s wind farms are working on a foundation that provides them no bonanza from present sky-high electrical energy costs, mentioned the CEO of trade physique WindEurope because the EU considers emergency strikes to cap renewable energy revenues.

Giles Dickson warned that many policymakers have made an “instinctive assumption” that fuel-free renewables mills had been having fun with an enormous windfall on the again of hovering fuel costs that at present dictate the market.

“We have now to elucidate to them that the majority should not,” mentioned the WindEurope chief as he cautioned towards any strikes that would harm investor confidence and throw the EU’s clear power plans off beam.