Financial News

European Wind Energy Projects Face Lengthy Delays Before Coming Online

A recent report from WindEurope has revealed Europe’s transition to green energy has run headlong into a significant barrier: wind energy projects are waiting up to several years to gain access to energy grids. The report found that hundreds of such projects across the continent have been forced to wait years to obtain a grid connection. Furthermore, this backlog of projects is moving so slowly, it has created a bottleneck that is slowing the green-energy transition in Europe.

According to the WindEurope report, gaining access to Europe’s energy grid represents the foremost barrier to the deployment of renewables such as wind and solar at scale in Europe. Even though the continent has made significant strides in deploying green-energy infrastructure, long wait times mean…

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