Wind Energy - International Market Trends

Wind Energy - International Market Trends

Uncertainty and unrest in the energy sector, rapidly depleting natural resources, political pressures and environmental issues are shedding light on the rapidly evolving role of clean technologies such as wind power, solar energy, fuel-celled power automobiles and other bio materials. As an evolving industry, and the fastest growing segment of the energy sector, wind power is poised to make significant contributions in future energy generation requirements. Recent strategic developments in the wind industry, vibrant new power project undertakings and upgradation activities, cumulative increment in new capacity installations in the recent past, and shift in governmental energy plans, all point to a buoyant market growth.

The global wind industry stands at the forefront of an era, where renewable, clean energy sources are increasingly been viewed as an invaluable investment opportunity for energy companies. With customers becoming increasingly apprehensive about the environmental impact of the traditional fossil fuels, long-term survival of power companies hinges upon promoting, and developing other energy alternatives that are emission free, renewable and eco-friendly.

These and other market data and trends are presented in "Wind Energy: International Market Trends" by BizAcumen, Inc. Our reports are designed to be most comprehensive in geographic coverage and vertical market analyses.

WIND ENERGY BMR-7041


CONTENTS


1. METHODOLOGY 1
Study Reliability and Reporting Limitations 1
Disclaimers 2
Quantitative Techniques & Reporting Level 3

2. STUDY HIGHLIGHTS 4

3. INDUSTRY OVERVIEW 5
Outlook 5
Future Shift 5
Clean Energy Trends: The Changing Face of the Future 6
Wind Industry: Polishing Up for a Larger Global Role 6
Wind Energy Market Raises a Toast Towards a Bright Future 6
The Outer Boundaries of Possibilities: Year 2020 7
Trends & Issues 7
Global Economic Crisis Hinders Growth in Energy Sector 7
A Market for Capturing the Winds! 8
Unraveling the Power of the Wind 8
What Makes Winds a Clean, Safe & Affordable Source of Energy? 9
Prospects of Wind Energy: Mystifying Favoritism? 9
Wind Energy Research Projects Get a Shot in the Arm 10
Europe and North America: Dominating the Wind Energy Industry 10
Denmark: A Model for Wind Energy Adoption 11
Developing World - An Upcoming Region 12
Growing Trend towards Off-Shore Wind Farms Across Western
Europe 13
Surging Wind Energy Industry Fans Demand for Wind Turbines 13
Transforming Paradigms of Wind Energy 13
Wind Energy Caught “in the thick” Despite Expectations of
Spectacular Growth 14
Factors Influencing the Market 14
Growing Environmental Concerns 14
Increasing Regulations 15
Rising Electricity Consumption & Energy Prices 15
Decreasing Costs of Wind Energy 15
Factors Responsible for Decreasing Costs of Wind Energy
Generation 16
Promotion Systems for Wind Energy 16
Spiraling Effect of International Wind Energy Incentives 17
Technological Advancements in Wind Turbines & Other Components 17
Flawed Infrastructure Continues to Haunt the Wind Industry 18
Gearboxes and Geared Motors - Transformation Undertaken by
the European Manufacturers 18
Major Markets 19
Germany 19
Spain 20
Denmark 20
The United States 20
India 21
Emerging Markets - An Overview 21
Brazil 21
Canada 21
The Netherlands 21
The United Kingdom 22
Market Structure 22
Structural Overview of the Global Wind Energy Market 22
Classification of Environment Driven & Energy Driven Markets 23
Leading Players in the World Market for Wind Turbines 24

4. PRODUCT FACTS 24
Wind Energy 24

5. CORPORATE DEVELOPMENTS 25
EDP Acquires Hydra Energy’s Wind Energy Projects 25
GE Inks Agreement with Invenergy 25
Dakota to Develop Utility Scale Wind Projects 25
Dominion Attains 50% Stake in BP’s Flower Ridge Project 25
GE Bags Major Contract from RES 25
TransAlta to Develop Wind Project in Canada 26
MSPL to Expand Energy Capacity 26
Suzlon Receives Repeat Order from HWE 26
Pacific Hydro Inks Agreement with Suzlon 26
Wind Energy America Acquires Boreal 26
HWE Places Order for Wind Turbines to Suzlon 26
GE Energy Bags Major Contract from EDP 27
CIRI Partners with EnXco 27
E.ON Pockets Aitricity North America 27
Freenergy and Vardar Acquires Tooma Tuulepark 27
Babcock & Brown Acquires Bluewater Wind 27
AEP Inks Agreement with Camp Grove 27
AES to Expand Buffalo Gap Facility 28
AES Acquires Wind Energy Projects from GE 28
EMG Pockets Goat Mountain 28
Canadian Hydro Developers Pockets Le Nordais Facility 28
SkyPower Divests Terrawinds Project 28
Suez Acquires Ventus 28
Marubeni Acquires Majority Stake in Oak Creek 28
Fersa Acquires Majority Stake in Estonian Est 29
Iberdrola Pockets CPV 29
Hendricks Pockets Roug 29
Greentech Expands Wind Energy Portfolio 29
GDF Acquires Nass and Wind 29
EDP Pockets HWE 29
Ampal Partners with Clal 30
AES Forms Alliance with Guohua 30
Suzlon Acquires REpower 30
BP to Begin Construction of 5 US Wind Power Projects 30
Airtricity Completes Forest Creek Wind Farm 30
EMG and USWF Collaborate for Developing Wind Farms 31
enXco Inks O&M Agreement for Camp Grove 31
Finavera Renewables Enters into a Purchase Agreement for
150MW Canadian Project 31
Midwest Wind Energy to Construct 100MW Wind Farm 31
Canadian Hydro Buys Vector Wind Energy of Ottawa for C$5.3
million 31
TransAlta and New Brunswick Sign Long- Term Power Contract 32
RWE Joins Forces with Suzlon for Wind Energy Project 32
Suncor Energy and Acciona Commence Construction of Ontario
Project 32
Siemens Bags Large Order for Wind Turbines 32
Endesa Acquires Italian Wind Power Capacity from Gamesa 32
Elecnor and Endesa Partner to Develop Marine Wind Energy
Projects in Spain 33
EUFER Begins Construction of Galicia Wind Farms 33
Theolia Forms a Strategic Alliance with GE Energy Financial
Services 33
EdP Expands Investment in Wind Energy 33
Shell Wind Energy Completes Egmond aan Zee Offshore Wind Project 34
Solar Night Industries Launches Skystream 3.7 Wind Turbine 34
Cuba Opens First Wind Power Project 34
Endesa Europe Launches Lehaucourt Wind Farm 34
So Siegfriedsen Develops Wind Energy Plant 34
PacWind Releases Proprietary Wind Energy Applications 34

6. MAJOR PLAYERS 35
American Electric Power (USA) 35
AES Corporation (USA) 35
Cielo Wind Power (USA) 35
Enel SpA (Italy) 35
Enercon GmbH (Germany) 36
FPL Energy LLC (USA) 36
Green Mountain Energy Company (USA) 36
GE Energy (USA) 36
Shell Windenergy, Inc. (USA) 37
Suzlon Energy Limited (India) 37
TransAlta Wind (Canada) 37
Vestas Wind Systems A/S (Denmark) 37

7. GLOBAL MARKET ANALYTICS 38

8. THE UNITED STATES 40
American Wind Energy Market 40
United States: Waking From the Rip Van Winkle Slumber 40
Factors Influencing Wind Energy Growth in the US 42
Trends & Issues 42
PTC Extension Restores Market Momentum 42
US Sheds its Image of a Major Consumer of Fossil Fuels 43
A Peek into the Resurgence of Wind Energy in the US 44
Key Developmental Concerns 44
Technologies 45
Inadequate Transmission Infrastructure 45
Transmission Penalties - A Drag on Competitiveness 45
Farmers in the US - The Supreme Beneficiaries of Wind Energy 46
A Windmap of Windpower Status 47
California 47
Illinois 47
Minnesota 47
Texas 47
Iowa 48
Washington 48

9. CANADA 49
Canadian Wind Energy Market 49
Drawn by the Piper’s Tune 49
Trends & Issues 49
Canada: High on Winds 49
Ontario - A Leader in the Making 49
Kyoto Plan - Major Benefit for Wind Energy Expansion 50
Changing Phase in Canadian Wind Energy Industry 50

10. JAPAN 52
Japanese Wind Energy Market 52
Catching Up with the Winds 52

11. EUROPE 54

a. Germany 59

b. Spain 61

c. Denmark 64

d. Italy 67

e. The United Kingdom 69

f. The Netherlands 73

g. Greece 74

h. France 76

i. Portugal 77

j. Austria 79

k. Rest of Europe 80

12. ASIA-PACIFIC 83

a. India 85

b. China 88

c. Australia 90

d. Rest of Asia Pacific 93

13. AFRICA/MIDDLE EAST 94

14. LATIN AMERICA 95
The Cost Curve 95
Competition 95
What Does It Take to Develop the Wind Energy Market in Latin
America? 95


EXHIBITS

Table 1: Distribution of Wind Power by Region: 2025

Table 2: Percentage Breakdown of Leading Countries for Wind
Energy Capacity in the World - 2007

Table 3: Percentage Breakdown Leading Wind Turbines
Manufacturers in the World - 2007

Table 4: Installed Wind Energy Capacity in the World by Region
for the Period 2007-2015 (in Megawatts)

Table 5: Percentage Breakdown of Installed Wind Energy
Capacity in the World by Region for the Years 2008 & 2012

Table 6: Wind Energy Capacity Additions in the World by Region
for the Period 2007-2015 (In Megawatts)

Table 7: Percentage Breakdown of Wind Energy Capacity
Additions in the World by Region for the Years 2008 & 2012

Table 8: Percentage Breakdown of Leading Wind Turbine
Manufacturers in the US -Turbine Installed Capacity - 2005

Table 9: Leading US Wind Energy Developers - by Installed
Capacity - 2005

Table 10: Leading US Wind Energy Owners by Cumulative
Installed Capacity in Megawatts - 2005

Table 11: Leading Wind Energy States in the US by Installed
Capacity - 2007

Table 12: Installed Wind Energy Capacity in the US: 2007-2015
(in Megawatts)

Table 13: Installed Wind Energy Capacity in Canada: 2007-2015
(in Megawatts)

Table 14: Installed Wind Energy Capacity in Japan: 2007-2015
(in Megawatts)

Table 15: Installed Wind Energy Capacity in Europe by
Country/Region: 2007-2015 (in Megawatts)

Table 16: Percentage Breakdown of Installed Wind Energy
Capacity in Europe by Country/Region for the Years 2008 & 2012

Table 17: Wind Energy Capacity Additions in Europe by
Country/Region: 2007-2015 (In Megawatts)

Table 18: Percentage Breakdown of Wind Energy Capacity
Additions in Europe by Country/Region for the Years 2008 &
2012

Table 19: Percentage Breakdown of Leading Wind Turbines
Manufacturers in Germany by Turbine Installed Capacity - 2005

Table 20: Installed Wind Energy Capacity in Germany: 2007-2015
(in Megawatts)

Table 21: Percentage Breakdown of Leading Wind Energy Players
in Spain by Installed Capacity - 2005

Table 22: Installed Wind Energy Capacity in Spain: 2007-2015
(in Megawatts)

Table 23: Installed Wind Energy Capacity in Denmark: 2007-2015
(in Megawatts)

Table 24: Percentage Breakdown of Leading Wind Energy
Producers in Italy by of Installed Capacity - 2004

Table 25: Percentage Breakdown of Leading Wind Turbine
Manufacturers in Italy by Turbine Installed Capacity - 2004

Table 26: Installed Wind Energy Capacity in Italy: 2007-2015
(in Megawatts)

Table 27: Installed Wind Energy Capacity in the UK: 2007-2015
(in Megawatts)

Table 28: Installed Wind Energy Capacity in the Netherlands:
2007-2015 (in Megawatts)

Table 29: Percentage Breakdown of Leading Wind Turbine
Manufacturers in Greece by Installed Turbine Capacity - 2005

Table 30: Installed Wind Energy Capacity in Greece: 2007-2015
(in Megawatts)

Table 31: Percentage Breakdown of Leading Wind Turbine
Manufacturers in France by Turbine Installed Capacity - 2005

Table 32: Installed Wind Energy Capacity in France: 2007-2015
(in Megawatts)

Table 33: Percentage Breakdown of Leading Wind Energy
Developers in Portugal by Installed Capacity - 2005

Table 34: Percentage Breakdown of Leading Wind Turbine
Manufacturers in Portugal by Turbine Installed Capacity - 2005

Table 35: Installed Wind Energy Capacity in Portugal:
2007-2015 (in Megawatts)

Table 36: Percentage Breakdown of Leading Wind Turbine
Manufacturers in Austria by Turbine Installed Capacity - 2005

Table 37: Installed Wind Energy Capacity in Austria: 2007-2015
(in Megawatts)

Table 38: Installed Wind Energy Capacity in Rest of Europe:
2007-2015 (in Megawatts)

Table 39: Installed Wind Energy Capacity in Asia-Pacific by
Country/Region: 2007-2015 (in Megawatts)

Table 40: Percentage Breakdown of Installed Wind Energy
Capacity in Asia-Pacific by Country/Region for the Years 2008 &
2012

Table 41: Wind Energy Capacity Additions in Asia-Pacific by
Country/Region: 2007-2015 (In Megawatts)

Table 42: Percentage Breakdown of Wind Energy Capacity
Additions in Asia-Pacific by Country/Region for the Years 2008 &
2012

Table 43: Percentage Breakdown of Leading Wind Turbine
Manufacturers in India by Turbine Installed Capacity - 2005

Table 44: Installed Wind Energy Capacity in India: 2007-2015
(in Megawatts)

Table 45: Installed Wind Energy Capacity in China: 2007-2015
(in Megawatts)

Table 46: Installed Wind Energy Capacity in Australia:
2007-2015 (in Megawatts)

Table 47: Installed Wind Energy Capacity in Rest of
Asia-Pacific: 2007-2015 (in Megawatts)

Table 48: Installed Wind Energy Capacity in Africa/The Middle
East: 2007-2015 (in Megawatts)

Table 49: Installed Wind Energy Capacity in Latin America:
2007-2015 (in Megawatts)


COMPANIES PROFILED