BWE Industry Report - Wind Industry in Germany 2018

Contents Editorial

Contents Editorial .............................................................. 5 Economic report 10 20 HIGH INSTALLATIONS WORLDWIDE Wind power becoming increasingly ­affordable ......................................................... 10 Record installations in Europe, slight fall in new installations in the USA and China. Wind power is attracting investment worldwide – and becoming increasingly affordable. WIND ENERGY AROUND THE WORLD Record growth in Europe stabilises world market ................................................... 12 High figures in the USA and China, record installations in Europe. Almost as many wind turbines were built around the world in 2017 as in the previous year. In Europe, wind energy has grown more quickly than ever before, replacing coal as the third largest source of electricity. THE GERMAN MARKET Wind power is driving the German energy transition ........................................... 14 More wind turbines were installed in Germany in 2017 than ever before. The good weather conditions also set new records for power generation. As a result, the German green power target for 2020 is expected to be reached by 2017. NEW REVENUE MODELS More and more direct electricity contracts with industry customers ............... 16 The cost of producing electricity from renewable energies is falling and could in future be increasingly financed through higher electricity prices and long-term supply contracts with major electricity consumers. However, “corporate PPAs” such as these are still unusual in Germany. EEG 2017 Contested tender design has to be adjusted yet again ......................................... 18 The 2017 tenders were dominated by legally defined community wind farms without BImSchG approval. This jeopardised the expansion targets and unsettled the supply industry. In the meantime, politicians have “repaired” the EEG and increased the onshore tender quantity. OFFSHORE WIND A watershed moment for offshore wind power ...................................................... 20 2017 marked a transition for offshore wind power. For the first time, project developers announced that they would do without government remuneration. This changes some basic preconditions. TECHNOLOGY Low remuneration, large turbines ......... 22 The low prices for wind power, which have emerged as a result of the tenders in the German Renewable Energy Act (EEG), put pressure on wind turbine manufacturers. They have to construct turbines with higher yields at lower specific costs. JOBS Record employment – with a mixed outlook ................................... 24 Wind energy has become a driver for the economy and employment. In 2016, more people were employed in the industry than ever before. In the course of the EEG reforms, however, there were also plant closures and job losses for the first time in 2017. CLIMATE PROTECTION AND CO 2 TAX Black on white: Germany’s unfavourable climate protection figures ......................... 26 Despite the increasing proportion of green electricity, Germany’s carbon dioxide emissions are rising. This is due to the fact that the number of lignitefired power stations has remained high, and that climate protection measures in the heating and transport sectors have stagnated. INTEGRATED ENERGY Green hydrogen for CO 2 -free steel ....... 28 In order to achieve climate protection targets, green electricity must also reach the heat, transport and industrial sectors. The pressure to act is particularly great in the steel industry. For decarbonisation it would require a great deal of hydrogen generated using green electricity. 6 Wind Industry in Germany

Contents 28 96 22 174 26 Companies Manufacturers ................................................ 30 The innovative power of the companies operating in Germany has given them the edge in terms of technology. Manufacturers are exporting and expanding into foreign markets in Europe, North America and Asia. Suppliers ........................................................... 46 Manufacturers of wind turbines from all over the world buy systems and components in Germany. Years of experience of the operational side together with specific research and development projects to reduce manufacturing and operating costs and prolong service life are much in demand everywhere. Service and logistics .................................... 96 Planning, finance, transport, construction and marketing. The fields of planning and operation of wind turbines are a continuous growth market in Germany. Publisher ......................................................... 166 Working closely with its cooperation partners, the German Wind Energy Association (BWE) publishes a comprehensive overview of the industry in a publication entitled “Wind Industry in Germany”. Industry directory ....................................... 174 Around 430 addresses of leading companies in the wind industry. Companies A–Z ............................................. 216 Picture credits .................................................. 224 Imprint .............................................................. 224 Category overview .................................. 227 An overview of all categories is inside the back cover page. Wind Industry in Germany 7