FIGURE 17. Investment in new wind farms 2016 - 2025 (GW and €bn)
Despite ongoing pressure on global supply chains, 1-2 years, Europe's wind supply chain is scaling up and should be ready to meet expectation to 2030. for wind energy. Deployment today is primarily constrained Europe. A total of E45bn was committed to new wind farms by slow and inefficient permitting, weak or failed tenders financing 20.9 GW of new wind energy capacity - set to be manufacturers to secure advance and performance bonds. Onshore wind investments in Europe totalled E22.8bn, disperse to wind manufacturers across six tranches, offering additional support to the industrial ecosystem. financing approximately 15.5 GW of new onshore capacity. While this represents a 9% decline on 2024, it is still above manufacturing capacity across the full value chain, from turbines and components to ports and offshore vessels. There is ample capital ready to invest. What Europe needs the five-year average. This points to a rise in investor now is clarity: firm pipelines, consistent regulation, scaled support schemes, and higher electrification rates that make Nearly half of these investments target manufacturing, with 70% focused on offshore, 23% covering both segments, In the EU, onshore investments totalled approximately and a growing 7% set aside for onshore. With new facilities 18.8bn, financing 12.4 GW of new projects. Germany alone Offshore wind investments in Europe totalled E22.5bn, financing approximately 5.4 GW of new offshore wind. Poland led the investments, with four of the six projects reaching Final Investment Decision (FID). There was also one expected earlier but were delayed due to high inflation, supply chain pressures, and rising project costs, all of which pushed developers to take further time to secure financing. After only a handful of projects reached FID in 2024, the normal variation in annual investments for offshore wind. measured in GW), only a few FIDs are made each year. This highly dependent on the timing of these transactions.