EU Hopeful of Meeting Energy Transition Goals as Wind Farm Investments Soar
A recent report from industry group WindEurope has revealed that 2023 was a record year for wind-energy projects in Europe. An increase in wind-energy investments through the year also increased hopes of the European Union achieving its green-energy targets, the industry group says. Wind energy will be critical to the EU cutting greenhouse gas emissions and meeting its clean energy goals by mid-century. According to WindEurope’s annual report, the wind-energy industry faltered in 2022 amid high interest rates, soaring inflation and incredible volatility in the energy market after Russia invaded Ukraine. However, the industry experienced significant improvements across key areas…