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The Innovation Fund focus: wind industry’s perspective

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Presentation on theme: "The Innovation Fund focus: wind industry’s perspective"— Presentation transcript:

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

3 Renewable energy sources powering our future

4 189 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

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

6 Wind the cheapest form of new power generation

7 Capacity Factors Source: IRENA (2019)

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

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

10 Innovation Fund Potential priority areas Floating wind Electrification
Recycling

11 1) Floating wind

12 Floating potential Source: EMODNET

13 <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

14 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

15 2) Electrification

16 Transport

17 Sector coupling

18 3) Recycling

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

20 Thank you Viktoriya Kerelska Head of Advocacy & Messaging WindEurope

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