EU’s ‘Recession-Busting’ Wind Industry Set to Triple in Value
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The European Union’s “recession-busting” wind power industry is forecast to triple in value as its labor force doubles in the 10 years through 2020, the European Wind Energy Association said.
The contribution of the wind industry to the economy of the 27-nation EU will rise to 94.5 billion euros ($123 billion) in 2020 from 32.4 billion euros in 2010, the lobby group, known as EWEA, said today in a report published in Copenhagen at the start of its annual conference. Jobs supported by the industry will jump to 520,000 from 238,154, it said.