Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Spain Advances €3B Hydrogen Pipeline Backbone with Ayesa Leading Engineering Segments
  • Statkraft and Clydeport Target Green Hydrogen Export Hub at Hunterston PARC
  • ACWA Power Commits $10B to Malaysia’s Clean Energy Push
  • Siemens and RIC Energy Join Forces on Spain’s Green Fuel Push
  • Dehydration Of Rocks As The Main Source Of Hydrocarbons And Diamond-bearing Structures Within The Earth’s Crust In Various Regions Of The Earth
  • thyssenkrupp and Fraunhofer Launch Germany’s First SOEC Pilot Plant
  • Jordan Moves to Secure Green Hydrogen Future Through Deal with India’s Ocior Energy
  • GIZ and Acciona Launch Frontera Green Hydrogen Project for Chile and Germany
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Analysis
Green Hydrogen H2 News

UK wind turbine prices might increase after COVID-19

Arnes BiogradlijaBy Arnes Biogradlija13/04/20202 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Analysts GlobalData has reported that the UK wind turbine prices could increase due to the coronavirus pandemic as quarantine measures create a supply blockage.

Even tho it’s a thriving industry, the UK suffers from a lack of domestic turbine manufacturers.

“Despite the manufacturing sector being exempt from the lockdown, stringent quarantine measures are likely to create a material supply bottleneck. Production rates are not expected to be high, hence to meet the expected rates, the manufacturing costs would go up. During the first quarter of 2020, the UK’s average turbine price is estimated to rise to $854/kW, from $816/kW, and is expected to peak further in Q2 to reach $891.6/kW as suppliers across the value chain are likely to be impacted by capital crunch, a shortage of personnel and transit issues,” said Somik Das, senior power analyst at GlobalData.

Vestas, Siemens-Gamesa, and Nordex and other leading manufacturers have stalled facilities in Italy and Spain.

However, the most significant impact on the supply chain is the restrictions imposed on the movement of goods and workers.

Das added: “The pandemic has led to closed borders and fluctuating forex rates. This has impacted the flow of goods. Logistics and balance of plant support from UK businesses have declined, stalling projects. The current challenges are likely to be resolved once the lockdown measures are lifted by the government. However, the time lost in curbing COVID-19 transmission and regaining harmonization between supply and demand will most probably result in a period of high turbine prices, until the end of 2020.” 

Share. LinkedIn Twitter Facebook Email

Related Posts

Spain Advances €3B Hydrogen Pipeline Backbone with Ayesa Leading Engineering Segments

Spain Advances €3B Hydrogen Pipeline Backbone with Ayesa Leading Engineering Segments

30/05/2025
hydrogen

Statkraft and Clydeport Target Green Hydrogen Export Hub at Hunterston PARC

30/05/2025
hydrogen

Siemens and RIC Energy Join Forces on Spain’s Green Fuel Push

30/05/2025
Dehydration Of Rocks As The Main Source Of Hydrocarbons And Diamond-bearing Structures Within The Earth's Crust In Various Regions Of The Earth

Dehydration Of Rocks As The Main Source Of Hydrocarbons And Diamond-bearing Structures Within The Earth’s Crust In Various Regions Of The Earth

30/05/2025
thyssenkrupp and Fraunhofer Launch Germany’s First SOEC Pilot Plant

thyssenkrupp and Fraunhofer Launch Germany’s First SOEC Pilot Plant

29/05/2025
hydrogen

GIZ and Acciona Launch Frontera Green Hydrogen Project for Chile and Germany

29/05/2025
Spain Advances €3B Hydrogen Pipeline Backbone with Ayesa Leading Engineering Segments

Spain Advances €3B Hydrogen Pipeline Backbone with Ayesa Leading Engineering Segments

30/05/2025
hydrogen

Statkraft and Clydeport Target Green Hydrogen Export Hub at Hunterston PARC

30/05/2025
ACWA Power Commits $10B to Malaysia's Clean Energy Push

ACWA Power Commits $10B to Malaysia’s Clean Energy Push

30/05/2025
hydrogen

Siemens and RIC Energy Join Forces on Spain’s Green Fuel Push

30/05/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.