Published July 2006 | Version v1
Journal article

Changing winds. BTM's world market update

Creators

Description

An update of what has happened in the past year in the worldwide wind energy market, and what is expected to happen in the near future, are given. In 2005, the USA was the world's single biggest wind market, installing 2431 MW. Data are also given for some European and Asian states, and Australasia. The increase in the USA was due to the reintroduction of the Production Tax Credit. Vestas maintained its position as world leader in turbine manufacture but its market share decreased from 34% to 27.9%. Data for all top ten manufacturers are given. In 2005, there were increases of up to 30% in the price of turbines due to an increase in cost of raw materials and increased profit margins in a seller's market. The increase in prices has had a marked impact on offshore systems where the economics were already marginal. Summaries of the future prospects of 15 individual countries are given, together with forecasts for 2011-2015

Additional details

Publishing Information

Journal Title
Renewable Energy World
Journal Issue
no.Jul-Aug 2006 Issue
Journal Page Range
p. 56, 58, 62, 64, 66
ISSN
1462-6381

INIS

Country of Publication
United Kingdom
Country of Input or Organization
United Kingdom
INIS RN
38028315
Subject category
S17: WIND ENERGY;
Descriptors DEI
COMPETITION; FORECASTING; GLOBAL ASPECTS; MANUFACTURING; MARKET; WIND POWER; WIND TURBINES
Descriptors DEC
ENERGY SOURCES; EQUIPMENT; MACHINERY; POWER; RENEWABLE ENERGY SOURCES; TURBINES; TURBOMACHINERY