EU Hopeful of Meeting Energy Transition Goals as Wind Farm Investments Soar

March 4, 2024 08:05:00

A recent report from industry group WindEurope has revealed that 2023 was a record year for wind-energy projects in Europe. An increase in wind-energy investments through the year also increased hopes of the European Union achieving its green-energy targets, the industry group says.

Wind energy will be critical to the EU cutting greenhouse gas emissions and meeting its clean energy goals by mid-century. According to WindEurope’s annual report, the wind-energy industry faltered in 2022 amid high interest rates, soaring inflation and incredible volatility in the energy market after…

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