POWER ON: Recent Highlights from the Europe Power and Renewables Sector (October 2025)

Report Summary:

Power On is a bi-monthly summary of the latest market developments and insights across the Power and Renewables (P&R) sector. This edition focuses on Europe, exploring Wood Mackenzie's research insights and providing links to our more detailed analysis.

• 1) Germany's latest energy policy monitoring report reaffirms its 80% renewables target by 2030, while revising capacity targets downward in response to weaker-than-expected demand projections.

• 2) France's latest offshore wind tender delivered mixed outcomes, with a developer consortium securing one site while another location failed to attract bids amid challenging site conditions.

• 3) Romania's recent renewables auction successfully contracted sufficient solar and wind capacity to position the market ahead of its technology-specific deployment targets, signaling strong developer appetite in the region.