Thursday, July 14, 2011

Global wind power capacity to triple by 2017, forecasts Pike research

Thursday, July 14, 2011

BOULDER, Colo.-(BUSINESS_WIRE)-experienced after years of strong growth the wind energy industry a significant slowdown in the year 2010 as one of the global recession. Given the 18-month project cycle for wind farms with a feasibility study for power generation, the global slowdown had delayed impact on the pace of the new wind makes installations. Wind power experienced strong cumulative growth 2008 (29%) and 2009 (32%), because a large number of projects, the end of 2006 to 2008 launched been was. 2010 results (22% growth) reflect however the effects of the recession on what is still one of the most important is renewable energy markets in the world.

According to a new report from scratch research continue to growth rates of the new wind installations shortly by the industry fall boom years. But turbine deployment activity remains high, and total capacity will continue to grow at a healthy pace. The Cleantech intelligence company market forecasts, which as a whole, will increase wind generation capacity including on- and offshore projects of 194.3 gigawatts (GW) in 2010 to 562.9 GW until 2017. This year, Pike Research forecasts that the wind-makes installations are represented a global 153 billion dollar industry, up by 56 billion dollars in the year 2010.

"Despite the difficult market conditions for the wind energy industry, this is a dynamic time for innovation on the market", says senior analyst Peter Asmus. "Manufacturer turbines to sizes never mind practical or economic push." Factories, which more than football fields held in some of the best technical challenges in the world of the 21st century. But there is a lot at stake as the companies technological limitations push and large market risks in an increasingly competitive sector to respond. "

Asmus adds that China's leaders in wind energy deployment, is an opportunity and a challenge for European and American companies to compete in this market than internationally. Europe remains the technology leader and checks the next stage of wind energy with offshore deployments. The United States is lagging in many ways, but the most industry players are optimistic in the future as costs fall dramatically further. In some markets wind energy grid parity has already achieved, a trend that says the Asmus become still more common around the world.

Pike research report, "global wind energy Outlook", contains a thorough analysis of the global opportunities in the onshore-and offshore wind energy markets, as well as an examination of the main challenges for the industry. Explores technological innovations affecting the future direction of the market and also features detailed profiles of key players, including a regional competitive analysis of the three major energy markets today about their respective technology, politics, and capital environments. Market forecasts extend through 2017 and projections for the installed capacity, installation costs and offshore revenues, segmented contains all production by onshore, offshore, region and country. A summary of the report is available for free download on the company's Web site.

Pike research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. The company research methodology combines supply-side industry analysis, end-user primary research and demand assessment and deep examination of technology trends energy offer a comprehensive overview of the smart, smart grid, smart transport, smart industry and smart-building sectors. Please visit for more information or call + 1 303. 997. 7609.

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