Europe may have stable weather until October. But not everyone is happy

The high pressure system that brought record temperatures to parts of Europe this summer and blocked wind from blowing through the region looks set to last until October, potentially limiting returns for wind-farm operators from SSE Plc to Ørsted AS.

Photo: Westar Energy

Wind generation was 20 percent below average last month, according to weather data company Vaisala OYJ. In parts of Europe like Scotland, wind speeds have been reduced throughout 2018, according to a report published Tuesday. It also found electricity production from solar farms has risen.

SSE and Ørsted were both hit by lower wind speeds in the first half of the year, which reduced output from turbines. SSE warned last month that full-year profits could be reduced. In Britain, the lack of wind also helped push natural gas prices to the highest for the time of year since 2013, as plants burning the fuel were called on to make up for lower output from wind farms.

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