Research And Development Trends Of Wind Energy Market Globally

Global Wind Energy Market Analysis and Forecasts to 2012 Report ( http://www.bharatbook.com/Market-Research-Reports/Global-Wind-Energy-Market-Analysis-and-Forecasts-to-20121.html ) provides a detailed analysis of current world wind energy installations as well as the forecasts of worldwide wind energy installed capacity till 2020. The report particulars historical and current statistics regarding wind energy installed capacities and their growth scenarios until the 12 months 2020. It also provides an analysis of the historic and forecast progress of installed capacity, and the market construction and regulatory policies that govern the world’s key wind power countries. The report additional includes information regarding the important cost, technological, market, and research and development (R&D) tendencies on a world basis. It additionally analyzes the wind power deals that have taken place over the years and provides detailed profiles of the top five market players for every of the sub-sectors within the global wind power industry.

The report facilitates market evaluation and forecasting of future wind energy trade trends. It helps identifying progress segments and opportunities within the energy industry. The information and deals portfolio provided within the report helps an investor to gauge the global wind vitality market and accordingly direct their investment.

Of the available renewable vitality sources, wind is essentially the most established industrial generating technology with highly effective and reliable tools and machinery. It has observed tremendous growth, with the full installed capacity augmenting from 23,900 MW in 2001 to over 121,013 MW in 2008, reflecting an annual growth price of 26% for the 2001-08 period.

Annual Wind Energy Installations to be Impacted by the Financial Crisis

The current monetary crisis is severely affecting the growth of wind energy globally. The world wind energy trade is witnessing many cancellations of turbine orders, freezing up and sale of wind farms, and difficulties in securing monetary aid for new projects. The worldwide annual wind energy installations will trickle down by greater than 15% in the years 2009 and 2010, as against the expansion rate of 35% within the new installed capacity of 2008. This will further end in a dip in the demand for wind turbines.

Increasing Mergers and Acquisitions to be the Outcome of Financial Crisis

Wind farms are capital-heavy projects with important up-front investment that may be financed solely by large utilities and investment groups. The crucial short-term problem faced by most wind energy developers is financing, significantly for below development projects. The financial downturn, resulting within the failure of among the world’s largest investment banks, has led to an increase in the price of capital for wind energy projects. Against this backdrop, only a few large wind power firms will be ready to pursue their project improvement plans. Shortage of economic resources with smaller players would give a possibility to the large giants to takeover or form alliances with such companies, thereby increasing the extent of consolidation within the wind power industry.

Strong Growth Prospects of the Offshore Wind Energy Market

The offshore wind energy market is attracting investors in the wind segment. The world offshore cumulative wind energy installed capacity has increased from 86 MW in 2001 to 1,475 MW in 2008. Most of this capability is predominantly concentrated within the European region. Currently, there are nearly 5 GW of new offshore wind energy projects within the development phases in Europe. The US has also planned to develop over 2,320 MW of offshore wind energy projects, whereas China has 520 MW of offshore capacity underneath construction or in planning. Increasing concentrate on the offshore wind energy sector is principally due to the greater energy generation potential at such locations. Offshore websites are also appropriate for wind energy generation because there is no such thing as a space constraint. Additionally, offshore wind projects supply multi-fold advantages i.e. massive wind turbines might be installed at the offshore sites because of the higher wind speed, thereby enabling it to generate extra units of power.

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