Henrik Andersen, CEO of wind turbine manufacturer Vestas, said that developing Europe’s renewable energy plan has failed because the cost of developing it has skyrocketed. Transmits words Bloomberg.
As Andersen points out, to meet the EU’s targets for renewables, its creators will have to work “hardly” due to rising electricity prices.
Former Commissioner Thierry Breton declarationThe European Union will invest around €350 billion in the production of industrial products for green energy. According to him, this amount will be about 2% of EU GDP.
Former reportedThat the UK will limit the revenues of renewable energy producers to mitigate the impact of ever-increasing electricity bills for households.
Source: Gazeta
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