Energy Unplugged by Aurora EP.232 Aurora Experts on our European Renewables Market Overview Report, CEE
Feb 25, 2025
Rebecca McManus, a Research Senior Associate at Aurora with extensive experience in energy and sustainability, joins to share insights from the European Renewables Market Overview Report. They discuss the rapid growth of solar and wind energy in Central and Eastern Europe, forecasting 90GW in investments by 2030. Key challenges include curtailment and negative pricing. Opportunities also arise for energy storage, which can optimize renewable energy efficiency. The conversation even touches on the diversification of renewable investments and evaluates the viability of emerging energy concepts.
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Poland Driving CEE Renewables
- Poland currently leads CEE renewable deployment with 25 GW in 2023 driven by solar and wind.
- Offshore wind will increasingly drive long-term growth, notably in Poland and parts of Romania and the Baltics.
Scale Of Investment Opportunity
- Aurora sees €1.4 trillion Europe-wide and €116 billion in Poland for renewables investment opportunities.
- Czechia, Romania and Serbia each show €16–19 billion opportunities, indicating broad regional potential.
Five Drivers Powering Renewables Growth
- Five core drivers: rising power demand, policy support, higher commodity prices, thermal phase-out, and large CAPEX reductions.
- Global average CAPEX for solar and wind fell roughly 50% since 2015, greatly enabling build-out.