This is not a happy story. But it’s a story that strongly hints at an exciting sequel of events and facts. Wind Energy Science (WESCi) and its industry market research division, is closely watching the impact of COVID-19 (coronavirus) on the wind power industry around the world. We assess the growing impact of coronavirus on wind power business and share insights on how organizations and companies need to plan their response on this pandemic and deal with the uncertainties associated with this pandemic.

3. survey spotlights four major— Reporting on carbon reduction targets

4. –

6. and

8. global

9. 50.5 45.8 45.7 45.4 45.1 43.2 42.5 40.3
0
10
20
30
40
50
60
Manufacturing PMI in the Eurozone

17. 19

18. 54%
33%
10%
3%
0% 10% 20% 30% 40% 50% 60%

19. 0
10
20
30
40
50
60
70
80
0% 1-10% 10-20% 20-50% >50%
0% 1-10% 10-20% 20-50% >50%
Denmark
12%
Germany
17%
Italy
7%
Spain
9%
Sweden
2%
France
4%
Norway
2%
Netherlands
3%
Greece
2%
USA
16%
China
13%
India
7%
Other
6%
0
5
10
15
20
25
30
35
40
45

21. 0
5
10
15
20
25
30
35

22. 0
10
20
30
40
50
60
Largest source Second largest source Third largest source One of many sources Not important
0
10
20
30
40
50
60
Very Low Low Medium High Very High
23-Mar-20 07-Apr-20

23. 0
5
10
15
20
25
30
35
40
0% 1-5% 6-10% 11-20% 21-30% > 30%
0% 1-5% 6-10% 11-20% 21-30% > 30%
0
10
20
30
40
Delay in
delivery
Outsourcing of
orders
Advanced
equipment or
software
No shortage of
workers
Other
Delay in delivery Outsourcing of orders
Advanced equipment or software No shortage of workers
Other
Reduction of production Outsourcing orders
Seeking new procurement channels Delaying components delivery
No shortage of raw materials Other

24. Implement new technologies Freeze new hiring
Reduce the number of contract workers Asking employees to take unpaid leave
Reduce work for external partners

25. High Impact Medium Impact Low Impact No Impact No Answer
YES NO Not Answer
YES NO
0
10
20
30
40
50
60
Within three weeks 1 Month 3 Months More than 3 Months Do not Know

26. 0%
5%
10%
15%
20%
25%
30%
35%
Provide direction,
confidence and resilience
Contextualize coronavirus
for the organization
Encourage intentional
peer-to-peer interactions
Establish team guidelines Provide flexibility for
employees’ remote work
needs
0 10 20 30 40 50 60 70 80 90
Decline in sales
Partial or complete closure of business during quarantine
measures
Release of staff
Financing problems
Delivery delays
Decline in demand
Insolvency of suppliers
Penalties because of the missing deadlines
Limitation of further expanding

27. 0 5 10 15 20 25 30 35
Decline in earnings due to higher transport costs
Decline of our overall business
Decline in earnings due to higher procurement costs
Decline in sales due to a lack in stocks
Decline in sales due to lower demand
Decline in earnings due to lower sales
N/A
Decline in earnings due to higher transport costs Decline of our overall business
Decline in earnings due to higher procurement costs Decline in sales due to a lack in stocks
Decline in sales due to lower demand Decline in earnings due to lower sales
N/A