Competitiveness of European Wind Market Relys on Coherent Trade Policies

Wind Industry Profile of

Today the EU is home to a world-leading wind energy supply chain. More than 248 factories across Europe produce the components we put in our turbines and 5 of the top 10 leading wind turbine manufacturers are EU-based. This translates into €37bn to EU GDP, over €8bn in goods and services exports every year and 300,000 jobs.

The EU wind supply chain largely relies on European suppliers. But global supply chains are also vital to the industry’s efficiency and flexibility in meeting project and installation deadlines and keeping its competitive edge against foreign competitors. These global supply chains along with technological developments, such as bigger turbines, have helped drive down wind energy costs by 50% over a decade to the benefit of... ... More: Official Press Release WindEurope

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WindEurope, Europe, supply chain, onshore, offshore, factory, turbine, manufacturers, good, services, Giles Dickson, jobs, market, trade policy