-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Global research and consultancy firm Wood Mackenzie said the coronavirus crisis will cause global wind power additions in 2020 to fall by 4.
9 gigawatts (GW), or 6.
5 percent, from previous forecasts.
Due to the pandemic and other market changes, the forecast for total wind energy additions in 2020 is now projected at 73 GW
.
Dan Shreve, Head of Global Wind Energy Research at Wood Mackenzie, said: "The impact of the novel coronavirus is a top priority for the global wind energy industry and it embodies a crisis unlike anything the market has ever seen
.
The pandemic state is evolving every hour, leading to a highly uncertain environment
.
”
He added that industry stakeholders are constantly adapting business operations to balance worker safety with customer needs while complying with government-dynamic containment measures
.
The potential impact on global installations remains most severe
in China and the United States.
However, Europe's major wind energy markets, such as Spain, France and Italy, could be hit
harder as more aggressive lockdown measures dampen worker mobility, coupled with reduced manufacturing capacity, border closures and the threat of cancelled or delayed tenders.
Supportive policy initiatives are likely to move projects to 2021 without penalty, rather than providing new avenues
.
Germany, for example, has confirmed that it will waive fines
for delayed projects.
"In the coming months, greater efforts are likely to be made to incorporate renewable energy policy into a broader omnibus bill with a view to providing fiscal stimulus
in the countries hardest hit by the pandemic," Shreve said.
”
The wind energy supply chain is effectively global and more diversified than solar, so the wind industry's supply chain is likely to be relatively less affected, ensuring that despite downward revisions to the full-year new forecast, it is still higher than the new capacity
added in 2019.
Global research and consultancy firm Wood Mackenzie said the coronavirus crisis will cause global wind power additions in 2020 to fall by 4.
9 gigawatts (GW), or 6.
5 percent, from previous forecasts.
Due to the pandemic and other market changes, the forecast for total wind energy additions in 2020 is now projected at 73 GW
.
Dan Shreve, Head of Global Wind Energy Research at Wood Mackenzie, said: "The impact of the novel coronavirus is a top priority for the global wind energy industry and it embodies a crisis unlike anything the market has ever seen
.
The pandemic state is evolving every hour, leading to a highly uncertain environment
.
”
He added that industry stakeholders are constantly adapting business operations to balance worker safety with customer needs while complying with government-dynamic containment measures
.
The potential impact on global installations remains most severe
in China and the United States.
However, Europe's major wind energy markets, such as Spain, France and Italy, could be hit
harder as more aggressive lockdown measures dampen worker mobility, coupled with reduced manufacturing capacity, border closures and the threat of cancelled or delayed tenders.
Supportive policy initiatives are likely to move projects to 2021 without penalty, rather than providing new avenues
.
Germany, for example, has confirmed that it will waive fines
for delayed projects.
"In the coming months, greater efforts are likely to be made to incorporate renewable energy policy into a broader omnibus bill with a view to providing fiscal stimulus
in the countries hardest hit by the pandemic," Shreve said.
”
The wind energy supply chain is effectively global and more diversified than solar, so the wind industry's supply chain is likely to be relatively less affected, ensuring that despite downward revisions to the full-year new forecast, it is still higher than the new capacity
added in 2019.
