“It used to be that in Europe we’d point fingers at the boom and bust [nature of the US wind production tax credit (PTC)], and say, ‘What a mess for renewables, compared to Europe with its long-term planning and targets,’” Dyrholm said Thursday at the WindEurope Summit.

“Now it’s completely the other way around.”

Today, Europe is “stagnating”, mired in discussions about market designs and the continent’s grids network, he explained.