This is according to the latest report from wind association WindEurope, entitled Wind Turbine Orders Monitoring Q3 2022.
The report highlights the sharp rise in costs for raw materials, components, and international shipping as pressure factors on the industry.
Furthermore, slow permitting and uncertainty around the EU’s emergency electricity market interventions are stalling orders for new wind turbines.
WindEurope tracked orders for new wind turbines from nine countries which totaled 2GW in Q3 2022, bringing the total for 2022 to 7.7GW. Disclosed wind turbine orders in Q1 2021 were at 2.8GW and have been generally decreasing since.