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