Wind energy could meet 25% of Europe’s electricity demand by 2030.
That’s according to a new report by the European Wind Energy Association (EWEA).
It revealed the continent could install 320GW of wind capacity during the same period.
The installation of 254GW of onshore capacity and 66GW of offshore installations are also expected to create 334,000 jobs, stated the EWEA.
Europe currently has a wind capacity of 128.8GW which “can meet more than 10% of power consumption in a normal wind year”, the report said.
It added forecasts depend on political and regulatory factors including a clear governance structure for EU to reach its green target.
It aims to generate 27% of energy from renewables in the next 15 years.
Kristian Ruby, Chief Policy Officer of the EWEA said: “The regulatory framework is a key driver in guaranteeing investor certainty. If policy makers get it right, the wind sector could grow even more. If they don’t, we will fall short to the detriment of investments, employment and climate protection.
“Three key challenges must be tackled. A renewable energy directive with a strong legal foundation for renewables in the post-2020 space; a reformed power market tailored to renewable energy integration and, finally, a revitalised Emissions Trading System that provides a clear signal to investors by putting a meaningful price on carbon pollution.”
In the UK the government is scrapping subsidies for onshore wind projects from April 2016.
Earlier this month it rejected the Navitus Bay offshore wind project.