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Siemens Gamesa CEO: will return to at least 2017 turbine pricing levels

Published 24/05/2022, 14:00
© Reuters. FILE PHOTO: A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio, Spain, June 20, 2017. REUTERS/Vincent West
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FRANKFURT (Reuters) - Siemens Gamesa, the wind turbine maker majority-owned by Siemens Energy, expects onshore turbine prices to return to levels seen in 2017 or even higher than that, its Chief Executive Jochen Eickholt said on Tuesday.

© Reuters. FILE PHOTO: A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio, Spain, June 20, 2017. REUTERS/Vincent West

Eickholt presented slides at Siemens Energy's capital markets day that showed average selling prices for onshore wind turbines of 0.8 million euros ($855,760) per megawatt hour in 2017, which dropped to 0.67 million in 2021.

($1 = 0.9348 euros)

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