Power On: Highlights from the Europe Power & Renewables sector (October 2025)

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.