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
  • Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback
  • India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission
  • Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub
  • Assam’s Pause on Green Hydrogen Policy Raises Investor Concerns Amid Shifting Incentives
  • Masdar and EnBW Team Up on Offshore Wind, Energy Storage and Green Hydrogen Development
  • U.S. Green Hydrogen Projects Face Tight Timeline Despite 45V Tax Credit Reprieve
  • EU Launches €3M Initiative to Accelerate Türkiye’s Hydrogen Transition
  • Australia’s Green Hydrogen Ambitions Face Water Reckoning
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

hydrogen

Masdar and EnBW Team Up on Offshore Wind, Energy Storage and Green Hydrogen Development

14/07/2025
U.S. Green Hydrogen Projects Face Tight Timeline Despite 45V Tax Credit Reprieve

U.S. Green Hydrogen Projects Face Tight Timeline Despite 45V Tax Credit Reprieve

14/07/2025
Hydrogen

EU Launches €3M Initiative to Accelerate Türkiye’s Hydrogen Transition

14/07/2025
Lhyfe Pioneers Green Hydrogen Combustion in Spain’s Ceramics Sector

Lhyfe Pioneers Green Hydrogen Combustion in Spain’s Ceramics Sector

10/07/2025
Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

09/07/2025
Chile's $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

15/07/2025
Green Hydrogen

India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission

15/07/2025
hydrogen

Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub

14/07/2025
hydrogen

Assam’s Pause on Green Hydrogen Policy Raises Investor Concerns Amid Shifting Incentives

14/07/2025

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.