10. Market Impacts
Wind's near-zero costs depress electricity prices, threatening investment and market stability. While sometimes overstated, this impacts system reliability. Regulatory tweaks like zonal pricing or flexibility incentives could help stabilise markets and sustain renewables.
Wind's near-zero costs depress electricity prices, threatening investment and market stability. While sometimes overstated, this impacts system reliability. Regulatory tweaks like zonal pricing or flexibility incentives could help stabilise markets and sustain renewables.
Comments
11. financing and controlling intellectual property
12. supply chain disruptions
13. cyber security and hybrid threats
14. planning and permitting
(this is the home stretch, I promise...)
Europe and the US were home to the leading wind farm companies, but growing dominance from China is sparking political and economic concern. Open data initiatives and regulatory frameworks can reduce risks and balance global efforts.
Geopolitical tensions and highly concentrated mineral resources raise fears of supply chain disruptions. Stability is needed to expanding wind fleets without installation cost spiking, so more domestic production and resilient supply chains are key.
Wind farms in Germany & Ukraine have been attacked by hackers targeting control systems, while rampant online disinformation erodes public trust. Solutions are there, but complex to implement due to the globalised & connected infrastructure.
Lengthy and complex permitting processes delay wind projects worldwide & are Europe's biggest problem. Streamlining regulations and reviews, and assigning priority zones can cut wait times, boosting deployment.
https://electrek.co/2025/01/10/europe-wind-power-hits-20-but-3-challenges-stall-progress/
Dive in to the review for all the problems and ways forward via this free-to-read link:
https://www.sciencedirect.com/science/article/pii/S2542435124005130