The European Commission is set to propose a European Wind Power package to help get the bloc’s flailing wind industry back on the track of growth to help accelerate its decarbonization targets, European Commission President Ursula von der Leyen said in the 2023 State of the Union Address on Wednesday. The EU risks missing wind power capacity installation targets and losing the supply chain to competition in traditionally low-cost Chinese manufacturing. Moreover, inflation, higher interest rates, and supply chain issues have made materials…
