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Europe's Wind Power Boom Faces New Challenges

OilPrice.com Saturday, 14 December 2024 ()
Europe is starting to reach its limit when it comes to wind power. Countries like Denmark and Sweden, once leaders in expanding offshore wind capacity, are now hitting obstacles as power prices and incentives fall too low to support new projects, according to Bloomberg. A recent Danish auction for offshore wind saw no bids, highlighting the issue. This slowdown in wind development risks prolonging reliance on fossil fuels, as rising costs challenge the sector's earlier success in driving down prices. Denmark, which generated a world-leading 58%…
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Video Credit: AutoMotions - Published
News video: The new BMW aeroacoustics and E-engine center

The new BMW aeroacoustics and E-engine center 04:39

The new Aeroacoustics and Electric Drive Center (AEC) starts operations at the BMW Group's Research and Innovation Center (FIZ). After almost forty years, the old aeroacoustic wind tunnel is being replaced by BMW. The building consists of two halves: In addition to a multifunctional part with...

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