EU Wind Power Installations Fell 8% in 2013, Industry Group Says

European Union new wind power installations declined 8 percent to 10,917 megawatts in 2013, as the market was affected by “volatility” across the continent, the European Wind Energy Association said today.

Germany and the U.K. accounted for 45 percent of all new installations across the bloc’s 28 members, while the markets in Spain, Italy and France declined by 84 percent, 65 percent and 24 percent respectively from 2012 levels, EWEA said in an e-mailed statement.

“Wind power installations for 2013 show the negative impact of the market, regulatory and political uncertainty that has been sweeping across Europe,” EWEA Deputy Chief Executive Officer Justin Wilkes said in the statement. “Destabilized legislative frameworks for wind energy have undermined investments and put green growth, jobs and energy security at risk.”

Before it's here, it's on the Bloomberg Terminal.