Global Markets for Wind Power to 2017
Authors: David Craik, Eize de Vries, WPM correspondents
Published: November, 2014
Pages: 187 | Tables: 38 | Figures: 97

Global Markets for Windpower 2017 quantifies current and future markets, and provides an understanding of key market drivers and trends over the next three years. In a detailed overview of the status of the wind power industry this report provides market sizes and forecasts broken down by key component and geographic market.

This report is the definitive study on the global wind power industry and represents essential reading for anyone working in the sector.

Find out about

  • The future of the wind power sector to 2017
  • The wind power industry broken down by country
  • Growth trends
  • Technology developments

Who should buy this report?

  • Wind turbine manufacturers
  • Components and equipment providers
  • Wind maintenance and service companies
  • Utilities and wind developers seeking opportunities
  • Financial institutions assessing risk and opportunities
  • Consultancies specialising in wind industry
  • Renewables policy makers – national or regional

What’s included in the price?

  • A hard copy of the report
  • PDF version
  • Global intranet licence, allowing data to be distributed throughout your organisation

What do you get?

  • Detailed analysis of the global wind power industry, with forecasts to 2017
  • Country profiles
  • Multiple tables of data and statistics

How will this intelligence benefit you?

  • Stay ahead of the competition by getting the latest industry figures and analysis
  • Pinpoint growth and identify factors driving change
  • Plan for the future with confidence

Summary:

This report takes a close look at wind power prospects to 2017. It portrays an industry growing at a healthy pace, with wind energy contributing a significant share of electricity to the grid in well-established markets around the world and starting to make inroads into an ever-growing number of new locations.

Recent growth has been led by China — driven by a supportive state government eager for domestic supplies of energy to reduce reliance on imported fuel and to meet rising demand. The Chinese wind industry benefits from a generally supportive regulatory system and strong manufacturing skills. It has the potential to grow further still.

Europe has seen a loss of momentum caused by concerns over excessive land use and rising energy bills. Spain — Europe’s second largest wind country in terms of installed capacity — is at a standstill as a result of a moratorium on new installations.

In North America, the US has seen the sector struggling with Federal subsidies, offshore projects delayed time and time again, and the phenomenal success of rival energy sources such as shale gas.

As far as project development is concerned, this report analyses developers’ market share in the different regions. In terms of funding, it finds that a number of private investment firms and renewable energy funds are playing a growing role — confirmation that they see the potential for good returns in the sector. Bank finance is heavily involved, especially in Africa.

Methodology:

This report is based on the Windpower Intelligence (WPI) database of global projects, which tracks the stages of development at more than 10,000 announced wind farms (>5MW) in 115 countries. It also feeds on independent research carried out by a global team of experts.

For the purposes of this report, we only took account of projects that are currently ‘in progress’, meaning that they are not yet in operation, nor have they been put on hold or cancelled. The WPI Tracker was used to produce a bottom-up forecast of future market trends.

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