The Innovation Fund focus: wind industry’s perspective Viktoriya Kerelska Head of Advocacy & Messaging, WindEurope

Renewable energy sources powering our future

189 GW 14% Wind power in Europe of 2018 EU power demand 12% 7 41% 6% 59 2 28% 189 GW 1.7 21 9% 6 18% 4 14% of 2018 EU power demand 9% 0.5 4 21% 6 7% 7% 3 0.5 10% 10% 15 24% 3 23 6% 10 3 19% 6% 0.4 5 7 9% 3 GW installed Wind share of demand

Offshore wind in Europe 18.5 GW 2% of 2018 EU power demand

Wind the cheapest form of new power generation

Capacity Factors 1983-2018 Source: IRENA (2019)

Wind the no. 1 power source in the EU by 2027

Sources: WindEurope, Eurelectric, European Commission Wind capacity 2018 to 2050 50 GW pa between 2030 and 2050 Sources: WindEurope, Eurelectric, European Commission

Innovation Fund Potential priority areas Floating wind Electrification Recycling

1) Floating wind

Floating potential Source: EMODNET

<1% of Europe’s offshore wind Europe’s Floating Wind Farms 1 pre-commercial project online 9 floating wind turbines in the water 36.6 MW online <1% of Europe’s offshore wind

Doubling capacity by the end of 2019 2 pre-commercial projects online 14 floating wind turbines in the water 73.8 MW online Source: EMODNET

2) Electrification

Transport

Sector coupling

3) Recycling

Source: Bax & Company for CEFIC Energy Demand and GHG emissions Source: Bax & Company for CEFIC

Thank you Viktoriya Kerelska Head of Advocacy & Messaging WindEurope Email: vke@windeurope.org