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Europe Daily Bulletin No. 13497

5 October 2024
EXTERNAL ACTION / Trade/climate
Wind energy sector will be penalised by CBAM, according to study commissioned by WindEurope
Brussels, 04/10/2024 (Agence Europe)

The implementation of the Carbon Border Adjustment Mechanism (CBAM) and its certificates in 2026 will be detrimental to the wind energy sector in Europe, according to a study commissioned by the industry representative WindEurope. The main issue is the cost of the CBAM certificates for the steel used in wind turbines and the administrative burden of calculating the emissions included in the materials.

EY, the company commissioned to carry out the study, calculated that for each wind turbine...

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