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Home  > Research Focus  >  Europe Renewable Power  >  Q1 2012 Europe Renewable Power Market Update

Q1 2012 Europe Renewable Power Market Update

May 9, 2012

Key trends in this Quarterly Update include:

  • The European parliament has voted in favor of a binding renewable energy target for 2030, without defining revised penetration levels.
  • Utilities focused on offshore wind in Q1 2012.
  • Alongside wind and biomass, utilities continue to commit to hydro.
  • Several projects were commissioned in the first quarter of 2012 combining renewable generation converted into storage and the installation of Li-ion batteries.

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