Wind Power Package for Europe to be Presented in October
- Wind developers face supply-chain and financing problems
- Europe wants to boost clean tech investment under Green Deal
A wind park near Pinnow, Germany.
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The European Union is planning to unveil measures to help its ailing wind sector next month, after supply-chain bottlenecks and higher financing costs have put a brake on projects.
The package is set to accelerate permitting for wind projects, help ensure stable supplies and improve the existing rules on auctioning, European Commission President Ursula von der Leyen said last week. It’s due on Oct. 24, according to diplomats with knowledge of the matter, and the EU’s executive arm will probably opt for a strategy or weave changes into regulations already being considered by lawmakers rather than present brand new legislation.