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Investments in wind energy are down - Europe must get market design and green industrial policy right

Investments in wind energy in Europe fell in 2022. Orders for new wind turbines were down 47% on 2021. There was not a single investment in an offshore wind farm. The problem is inflation, with costs rising at a higher rate than prospective revenues. Investors are also being turned away by unhelpful national interventions in electricity markets. The […]
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EU chief slams 'aggressive' Chinese clean tech bids

In a speech to the World Economic Forum Davos, Switzerland, the President of the European Commission Ursula von der Leyen announced plans for a "sovereignty fund" and a "Net Zero Industry Act" to defend Europe's industrial base from massive US and Chinese subsidies. "We see aggressive attempts to attract our industrial capacities away to China and elsewhere," von der Leyen tells the world's global political and business elite at their annual meeting in the...
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