World Wind Energy Market

World Wind Energy Market

This report analyzes the worldwide markets for Wind Energy in Megawatts. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia Pacific, Africa/Middle East, and Latin America. Annual forecasts are provided for each region for the period of 2006 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 166 companies including many key and niche players worldwide such as American Electric Power, AES Corporation, Cielo Wind Power, Enel SpA, Enercon GmbH, FPL Energy LLC, Green Mountain Energy Company, GE Energy, Shell Windenergy Inc., Suzlon Energy Limited, TransAlta Wind, and Vestas Wind Systems A/S. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

WIND ENERGY MCP-1193
A GLOBAL STRATEGIC BUSINESS REPORT


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definition and Scope of Study I-3
Wind Energy I-3


II. EXECUTIVE SUMMARY

1. Study Highlights II-1

2. Industry Overview II-2
Outlook II-2
Future Shift II-2
Clean Energy Trends: The Changing Face of the Future II-2
Wind Industry: Polishing Up for a Larger Global Role II-3
Wind Energy Market Raises a Toast Towards a Bright Future II-3
The Outer Boundaries of Possibilities: Year 2020 II-3
Table 1: Distribution of Wind Power by Region: 2025
(includes corresponding Graph/Chart) II-4
Trends & Issues II-4
Global Economic Crisis Hinders Growth in Energy Sector II-4
A Market for Capturing the Winds! II-4
Unraveling the Power of the Wind II-5
What Makes Winds a Clean, Safe & Affordable Source of Energy? II-5
Prospects of Wind Energy: Mystifying Favoritism? II-6
Wind Energy Research Projects Get a Shot in the Arm II-6
Europe and North America: Dominating the Wind Energy Industry II-7
Denmark: A Model for Wind Energy Adoption II-7
Developing World - An Upcoming Region II-8
Growing Trend towards Off-Shore Wind Farms Across Western Europe II-8
Surging Wind Energy Industry Fans the Demand for Wind Turbines II-9
Transforming Paradigms of Wind Energy II-9
Whither the Wind Blows: A Statistical Fact Sheet Tracking
Capacity Trends II-9
Trends in New Capacity Additions II-9
Table 2: Worldwide New Capacity Installations in the Wind
Energy Market: 1996-2007 (Capacity Additions In Megawatts)
(includes corresponding Graph/Chart) II-10

Table 3: Worldwide Leading Countries for New Capacity
Installations in Wind Energy Market (2006 & 2007) - USA,
Germany, India, Spain, China, France, Canada, Portugal UK,
Italy, Other Countries (Capacity Additions In Megawatts)
(includes corresponding Graph/Chart) II-11
Trends in Cumulative Capacities II-12
Table 4: Worldwide Leading Countries for Wind Energy (2006
& 2007) - Installed Capacity in MW for Germany, Spain, USA,
India, Denmark, China, Italy, UK, Portugal, France, and
Other Countries (includes corresponding Graph/Chart) II-12

Table 5: Worldwide Leading Countries for Wind Energy
Capacity (2007) - Percentage Breakdown for Germany, Spain,
USA, India, Denmark, China, Italy, UK, Portugal, France,
and Other Countries (includes corresponding Graph/Chart) II-13
Wind Energy Caught “in the thick” Despite Expectations of
Spectacular Growth II-13
Factors Influencing the Market II-13
Growing Environmental Concerns II-13
Increasing Regulations II-14
Rising Electricity Consumption & Energy Prices II-14
Decreasing Costs of Wind Energy II-14
Factors Responsible for Decreasing Costs of Wind Energy
Generation II-15
Promotion Systems for Wind Energy II-15
Spiraling Effect of International Wind Energy Incentives II-16
Technological Advancements in Wind Turbines & Other Components II-16
Flawed Infrastructure Continues to Haunt the Wind Industry II-16
Gearboxes and Geared Motors - Transformation Undertaken by
the European Manufacturers II-16
Major Markets - An Overview II-17
Germany II-17
Table 6: Wind Energy Capacity in Germany: 2005-2007 (In
Megawatts) (includes corresponding Graph/Chart) II-18
Spain II-18
Table 7: Wind Energy Capacity in Spain: 2005-2007 (In
Megawatts) (includes corresponding Graph/Chart) II-18
Denmark II-19
Table 8: Wind Energy Capacity in Denmark: 2005-2007 (In
Megawatts) (includes corresponding Graph/Chart) II-19
The United States II-19
Table 9: Wind Energy Capacity in the United States:
2005-2007 (In Megawatts) (includes corresponding
Graph/Chart) II-20
India II-20
Table 10: Wind Energy Capacity in India: 2005-2007 (In
Megawatts) (includes corresponding Graph/Chart) II-20
Emerging Markets - An Overview II-21
Brazil II-21
Canada II-21
Table 11: Wind Energy Capacity in Canada: 2005-2007 (In
Megawatts) (includes corresponding Graph/Chart) II-21
The Netherlands II-22
Table 12: Wind Energy Capacity in the Netherlands: 2005-2007
(In Megawatts) (includes corresponding Graph/Chart) II-22
The United Kingdom II-22
Table 13: Wind Energy Capacity in the United Kingdom:
2005-2007 (In Megawatts) (includes corresponding
Graph/Chart) II-23
Market Structure II-23
Structural Overview of the Global Wind Energy Market II-23
Classification of Environment Driven & Energy Driven Markets II-24
Leading Players in the World Market for Wind Turbines II-25
Table 14: Worldwide Leading Wind Turbines Manufacturers
(2005, 2006 & 2007) - Percentage Breakdown of Installations
for Vestas, GE Energy, Enercon, Gamesa, Suzlon, Siemens,
REpower and Others (includes corresponding Graph/Chart) II-25

3. Wind Energy - A Concept Scan II-26
Wind Power: A Natural Renewable Energy Source II-26
Wind Energy - Basics II-26
Description II-27
Benefits of Wind Generated Electrical Power II-27
Typical Factors Impeding Widespread Deployment of Wind Energy II-27
Wind Speed - An Important Factor for Power Generation II-28
Wind Energy Exploitation & Development: Economic Viability II-29
Improving the Value of Wind Electricity II-29
Cost Reduction II-29
Identifying Locations for Prospective Wind Farms II-30
Reduction of Uncertainties II-30
Reduction of Environmental Impacts II-30
Infrastructure Development II-30
Implementing Favorable National & International Environmental
& Energy Policies II-30
Education & Human Resource Development II-30
Cost Structure of Wind Energy II-30
Consistency of Wind Speeds II-31
Technical Design Lifetime of Turbines II-31
Amortization Period II-31
Building Wind Farms . Making the Right Choice II-31
Table 15: Worldwide Leading Wind Farm Operators (2003):
Ranked by Megawatt Capacity Operated -Florida Power & Light,
Iberdrola, EHN, Energi E2, Endesa, NUON, Eurus, Alliant
Energy, Bsam, ENEL Greenpower, American Bectric Power,
Siif/EnXco, Shell Renewables and Cesa (includes corresponding
Graph/Chart) II-32
Offshore Wind Energy: The Next Great Leap for the Wind Industry II-33
Table 16: Worldwide Offshore Projects with Installed Capacity
in MW: 1990-2005 II-33
Offshore Wind Energy, Wave Energy & Tidal Energy - Ocean Based
Electricity Generators II-34
Offshore Wind Energy II-34
Wave Energy II-34
Tidal Energy II-34
Future of Ocean Based Power II-34

4. Wind Power Technology II-36
Wind Turbines: A Definition II-36
Design Configurations of Wind Turbines II-36
Horizontal and Vertical Axis Designs II-36
Number of Blades II-37
Table 17: % Commercial Wind Turbines (of over 30 kw) with 1,
2 & 3 Blade Designs (includes corresponding Graph/Chart) II-37
Variable Speed Designs II-37
A Working Model of a Wind Turbine II-37
Wind Energy and Wind Turbine - Notable Facts II-38
Small Wind Turbines: Contraptions of Simplicity & Efficiency II-38
Large/Hybrid Power Wind Turbines: A Technical Insight II-38
Hybrid Power Wind Turbines: The Latest in Vogue II-38
Wind Energy Component Manufacture - An Untaken Business
Opportunity II-39

5. Evolving Trends in Power Generation II-40
Energy Portfolio of Industrialized & Developing Countries II-40
Table 18: Primary Energy Portfolio of Industrialized
Countries: 2004 (includes corresponding Graph/Chart) II-40

Table 19: Primary Energy Portfolio of Developing Countries:
2004 (includes corresponding Graph/Chart) II-40
After Fossil Fuels What? II-41
Biomass Energy II-41
Geothermal Power II-41
Hydropower II-41
Solar Photovoltaic (PV) Energy II-41
Solar Thermal Energy II-41
Wind Power Energy II-42
Renewable Energy Poised to Scale New Heights II-42
European Renewable Market - An Opportunity for the US Clean
Energy Companies II-42
Is Fossil Fuel Run Automobiles Becoming a Concept of the Past? II-43
Wind Energy: ‘The Green Push’ II-43
Wind Energy Going Easy on the Environment II-43
Impact of Wind Energy on the Environment II-43
Television & Radio Transmission Disruptions II-44
Impact on Birds/Wildlife II-44
Noise Pollution II-44
Visual Effects II-44
Navigational Hazards II-44
Erosion II-45
Current Regulatory Stance II-45
The Kyoto Protocol: Cracking the Whip on Fossil Fuel Emissions II-45
Carbon Credit: An Innovative Approach to Curb GHG Emissions II-45

6. Product Innovations/Introductions II-46
Solar Night Industries Launches Skystream 3.7 Wind Turbine II-46
Cuba Opens First Wind Power Project II-46
Endesa Europe Launches Lehaucourt Wind Farm II-46
So Siegfriedsen Develops Wind Energy Plant II-46
PacWind Releases Proprietary Wind Energy Applications II-46
Chinese Developers Display New Wind Power Generator II-46
Eurus Launches First Wind Power Project II-47
GE Unveils New Version of 2.5xl Wind Turbine II-47
Texas Based Inventor Develops Wind Energy Conversion System II-47
Second Wind Unveils New SCADA Node II-47
Canadian Government Launches Wind Energy Mapping Software II-47
GE Energy Introduces 1.5xle Unit II-48
Vexcel Builds New Software Solution II-48
REpower Displays New Wind Turbine at German Wind Energy Trade
Fair II-48
GE Energy Introduces New Wind Turbine Technology II-48
Enercon Starts Production of New Turbines II-49

7. Recent Industry Activity II-50
EDP Acquires Hydra Energy’s Wind Energy Projects II-50
GE Inks Agreement with Invenergy II-50
Dakota To Develop Utility Scale Wind Projects II-50
Dominion Attains 50% Stake in BP’s Flower Ridge Project II-50
GE Bags Major Contract from RES II-50
TransAlta To Develop Wind Project in Canada II-50
MSPL To Expand Energy Capacity II-51
Suzlon Receives Repeat Order from HWE II-51
Pacific Hydro Inks Agreement with Suzlon II-51
Wind Energy America Acquires Boreal II-51
HWE Places Order for Wind Turbines to Suzlon II-51
GE Energy Bags Major Contract from EDP II-51
CIRI Partners with EnXco II-51
E.ON Pockets Aitricity North America II-52
Freenergy and Vardar Acquires Tooma Tuulepark II-52
Babcock & Brown Acquires Bluewater Wind II-52
AEP Inks Agreement with Camp Grove II-52
AES to Expand Buffalo Gap Facility II-52
AES Acquires Wind Energy Projects from GE II-52
EMG Pockets Goat Mountain II-52
Canadian Hydro Developers Pockets Le Nordais Facility II-53
SkyPower Divests Terrawinds Project II-53
Suez Acquires Ventus II-53
Marubeni Acquires Majority Stake in Oak Creek II-53
Fersa Acquires Majority Stake in Estonian Est II-53
Iberdrola Pockets CPV II-53
Hendricks Pockets Roug II-53
Greentech Expands Wind Energy Portfolio II-54
GDF Acquires Nass and Wind II-54
EDP Pockets HWE II-54
Ampal Partners with Clal II-54
AES Forms Alliance with Guohua II-54
Suzlon Acquires REpower II-54
BP to Begin Construction of 5 US Wind Power Projects II-54
Airtricity Completes Forest Creek Wind Farm II-55
EMG and USWF Collaborate for Developing Wind Farms II-55
enXco Inks O&M Agreement for Camp Grove II-55
Finavera Renewables Enters into a Purchase Agreement for 150MW
Canadian Project II-55
Midwest Wind Energy to Construct 100MW Wind Farm II-55
Canadian Hydro Buys Vector Wind Energy of Ottawa for C$5.3
million II-56
TransAlta and New Brunswick Sign Long-Term Power Contract II-56
RWE Joins Forces with Suzlon for Wind Energy Project II-56
Suncor Energy and Acciona Commence Construction of Ontario
Project II-56
Siemens Bags Large Order for Wind Turbines II-56
Endesa Acquires Italian Wind Power Capacity from Gamesa II-56
Elecnor and Endesa Partner to Develop Marine Wind Energy
Projects in Spain II-57
EUFER Begins Construction of Galicia Wind Farms II-57
Theolia Forms a Strategic Alliance with GE Energy Financial
Services II-57
EdP Expands Investment in Wind Energy II-57
Shell Wind Energy Completes Egmond aan Zee Offshore Wind Project II-57
South America’s Largest Wind Park Comes on Stream II-57
BP Acquires US Wind Company and Orion Wind Farms II-58
International Power Acquires Levanto Wind Farms II-58
Siemens PG Wins Major Contract Worth EUR350 million II-58
FPL Boosts Horse Hollow Wind Energy Center’s Capacity II-58
Airtricity Purchases 500MW GE Turbines II-58
AES Takes Over WEL from Vestas II-58
AES Intensifies Wind Generation in Europe II-59
AES Acquires Enron’s Renewable Energy Assets II-59
AES Begins Construction of Buffalo Gap 2 Wind Farm Project II-59
Allco and Southern California Edison Enter into a PPA II-59
Babcock & Brown Selects Wind Turbine Generators of Mitsubishi II-59
CPV Wind Purchases Disgen’s Wind Portfolio II-59
CPV Wind Ventures Buys GE Wind Turbines II-60
Clipper Windpower Sells 80 Wind Turbines to UPC’s Subsidiary II-60
Clipper Windpower Inks Joint Development and Supply Agreement
with BP II-60
Clipper Receives U.S. Patent for New Turbine Technology II-60
Clipper Inks an Agreement with FPL Energy II-60
Constellation Energy Bags 10-Year Wind Power Contract From WSSC II-61
Dominion to Sign Joint Venture Pact with Shell WindEnergy II-61
Edison Mission Energy to Receive Clipper’s Wind Turbines II-61
EMG Expands its Renewable Energy Portfolio II-61
enXco Acquires Additional Interest in the Hawi Project II-61
PPM Commences Construction of MinnDakota Project II-61
PacifiCorp Acquires PPM Energy’s Leaning Juniper 1 Facility II-62
Siemens Secures Orders for Supply of 70 Turbines for Wildorado
Wind Ranch™ II-62
Shell WindEnergy Plans for New Wind Farm in Hawaii II-62
FirstEnergy Inks 23-Year Agreement for Power II-62
NRG Energy Takes Over Padoma II-62
Northern Power Enters into Strategic Agreement with Alaskan Firms II-63
PGE Partners with Orion Energy for Wind Energy Projects II-63
SWEC Wind Major Repeat Order for S88 - 2.1MW Turbines II-63
Western Wind Energy Acquires PAMC Management II-63
Western Wind Energy and APS Expand 15MW Agreement II-63
Western Wind Energy Signs Long-Term Supply Agreement with
Mitsubishi II-63
Wind Energy Consortium Starts 30MW Wind Power Project II-64
Theolia Acquires Natenco II-64
UNION FENOSA Purchases 30 Percent of EUFER from ENEL II-64
Iberdrola Takes Over MREC Partners II-64
Iberdrola Acquires Community Energy II-64
Vestas Commences Installation of Turbines in the Czech Republic II-64
Siemens Receives Largest Offshore Contract in Sweden II-64
Suzlon Secures Major European Wind Turbine Contract II-65
Babcock & Brown Purchases G3 Energy II-65
Wind Hydrogen Agrees to Acquire 232MW Wind Farm II-65
British, Chinese and German Companies to Collaborate for Wind
-Turbine Facility II-65
China Commences 200MW Wind Power Facility Construction II-65
GE Energy Opens Assembly Plant for Wind Turbine in China II-66
REpower Forms Joint Venture in China II-66
Vitasti and Welwind Join Forces to Develop 1200 MW Wind Power II-66
LM Glasfiber to Source 1500 MW Blades to Vestas II-66
Duke Energy Acquires Cinergy Global Power II-66
Suzlon Energy Acquires Hansen Transmissions II-66
Group of Companies Submit Proposal in Response to Government’s
Tender for 1500 MW Project II-67
Suzlon to Build Wind Farm in Australia II-67
China Three Gorges Project Corporation Builds Wind Energy Plant II-67
AES Kingston Holdings Sells its Stake in KCLP II-67
Siemens Increases Wind Turbine Manufacturing Capacity II-67
GE Energy Provides Turbines to Okeler Bruch Windpark II-68
Vestas Receives Order for Wind Turbines II-68
AltaGas Income Trust Enters into Agreement with Aeolis Wind
Power Corporation II-68
GE Energy Receives Order for Wind Turbines from Bares II Wind
Energy Plant II-68
SWEC Enters into an Agreement with Edison Mission Group for
Supply of Turbines II-68
Vector Signs a MoU to Acquire Royal Road Wind Farm II-69
Iberdrola Acquires Naturener Eolica II-69
Nuon Divests Chinese Subsidiary II-69
Melancthon I Wind Farm Comes Online II-69
Ellwood Thompson’s Buys Wind Energy Credits II-69
Whole Foods Market Purchases Wind Energy Credits II-70
Ventus Energy and Metis Energy Corporation to Build Wind Farm II-70
Sterling Planet Receives Order for 761 Million Kilowatt Hours
of Wind and Biomass Energy II-70
Horizon Wind Energy Places Turbine Order with Vestas II-70
Pacific Hydro Buys 26% Stake in Western Wind Energy II-71
RES Completes the Construction of Mynydd Clogau Wind Farm II-71
Voltwerk AG Places Order for Turbines with Vestas II-71
Vestas Group Receives Wind Turbines Order for France II-71
3TIER Signs an Agreement with BPA II-71
Eurus Energy Commences First Phase of Gangwon Wind Park
Operations II-71
Airtricity Enters Irish Energy Market II-72
HEAG and Gold Wind Sign an Agreement II-72
Gamesa Eolica Enters into Chinese Wind Energy Market II-72
Suzlon Energy Begins Operations in China and South Korea II-72
Great Plains to Build Wind Energy Farm in Montana II-73
WindStor Power Signs an Agreement with Sterling Planet II-73
Eurus Energy Completes Japan’s Largest Wind Farm II-73
NEO Buys Spanish Wind Farms from Nuon II-73
GE Energy Invests in Wind Farm II-73
Horizon Wind Energy and RES to Build Wind Energy Farm II-74
Allianz Group Buys WKN Windkraft Nord’s Wind Project II-74
Jersey-Atlantic Wind Farm Begins Operations II-74
Siemens Power Generation Acquires AN Windenergie GmbH II-74
Western Wind Energy Enters into an Agreement with a Civic
Government II-75
Wind Turbines Order Given to Vestas II-75
St. Leon Wind Project Commences First Phase of Operations II-75
Nova Scotia Power to Purchase Power from Amherst Wind Energy
Project II-75
GE Energy Receives Turbines Order for Chinese Wind Power Project II-75
enXco Selected By KCPL to Build New Wind Energy Project II-75
Kazakhstan Plans to Build Wind Power Station II-76
MidAmerican Energy Announces Completion of Wind Expansion
Projects II-76
Alternity Power Begins New Solar-Wind Power Plant II-76
Tararua Wind Power Places Order for Turbines with Vestas II-76
PPM Energy Enters into an Agreement with GE Energy for Supply
of Wind Turbines II-76
EEE Places Order for V90-3.0 MW Turbine II-77
Hopkins Ridge Wind Project Completed by PSE II-77
GE Energy Acquires 12 MW Wind Farm in Germany II-77
Vestas to Build Nacelle Assembly Factory in Spain II-77
Eurus Energy Completes Expansion of Hamatonbetsu Wind Farm II-77
ACCIONA Energia and Suncor Energy to Construct Wind Power
Project in Ontario II-77
Gangwon Wind Power Places Wind Turbine Order with Vestas Group II-78
Invenergy Wind Signs a Contract for 350 MW of Wind Turbines
from GE II-78
TAWF Begins Supplying Power to Great River Energy II-78
Vitasti Acquires Windblade Power Corporation II-78
ENDESA Enters into an Agreement with Huaneng Group. II-79
Tasmanian Wind Farm Places Order for Turbines with Vestas II-79
Northern Power Receives Wind Turbine Order from AVEC II-79
EMG Enters into an Agreement with Midwest Wind Energy II-79
Hydro-Quebec to Sell 2000 MW of Wind II-79
NoordzeeWind Places Order for V90-3.0 MW Turbines with Vestas II-80
Clean Energy Factory Selects Turbines of GE Energy II-80
Gamesa Eolica Signs Four Contracts with Tecneira for Supply of
Wind Turbines II-80
ENDESA Signs an Agreement with Merloni for Acquiring 51% Stake
in MF Power II-80
Safeway Inc. Buys Wind Energy II-80
Jiminy Peak Plans to Build Wind Turbine Project II-81
Two New Wind Farms Begin Operating II-81
GE Energy Receives Order for Supply of Turbines from Brascan
Power II-81
Greenlight Energy Enters into an Agreement with Catamount Energy II-81
Endesa Italia to Commence Two New Wind Farms II-81
BNDES and Ventos do Sul Energia Enter into an Agreement II-81
Vestas Receives Order of Turbines for French Wind Farms II-82
GFE Enters into a Joint Venture with Padoma Wind Power II-82
PSE Places Turbines Order with The Vestas Group II-82
Eurus Energy Starts Building Eurus Hitz Kitanozawa Cliff Wind
Farm II-82
PSE Acquires Wild Horse Wind Project from HWE II-82
AREVA Group Acquires Stake in REpower II-82
PPM Energy Acquires Shiloh Wind Project II-82
Statkraft Begins Second Phase of Smola Wind Farm II-83
Eurus Energy Starts Construction of Noheji Wind Farm II-83
Iberdrola Acquires MVV Eternegy Polska II-83
GE Energy Receives Turbines Order from Guotou Energy II-83
Siemens Power Generation Signs an Agreement with FPL Energy II-83
EAB Technology Group to Divest Alsleben Wind Project II-83
Japanese Ministry to Provide Financial Assistance for Wind
Energy Projects II-83
CHEC Enters into a Joint Venture with Community Energy II-84
Energy Northwest Builds New Wind Energy Project II-84
Orion Energy Files for New Wind Project Approval in Oregon II-84
Sustainable Energy Collaborates with Chinese Group II-84
Green Power EMC Performs Wind Energy Potential Test II-84
GE Energy Receives Order for Turbines from Soderglen Wind Project II-84
FPL Energy Commences Weatherford Wind Energy Plant II-85
Greenlight Energy to Build Wind Farm in Rural Washington County II-85
AES Corporation Signs an Agreement with Direct Energy II-85
GE Energy Receives Turbines Order for Six Wind Projects in France II-85
FPL Energy to Expand Weatherford Wind Energy Center II-86
LADWP Board Plans to Build New Wind Farm II-86
HSBC Bank to Purchase Wind Power to Meet 30% of its Demand II-86
AES Corporation Enters into a Joint Venture with EHN to Build
Wind Power Plant II-86
Zilkha Renewable and PPM Energy Commence Development of Maple
Ridge Wind Farm II-86
GE Energy Receives Order for Wind Turbines from Cefn Croes
Wind Farm II-86
FPL Energy Constructs New Wind Energy Project in Texas II-87
Consortium Submits Plan to Build World’s Biggest Wind Farm II-87
HSH Nordbank Provides Finance to UPC Wind’s New Wind Farm Project II-87
WYSAK Petroleum Signs an Agreement with EC BREC II-87
GE Energy Receives Order for Turbines from ESWF II-87
ESC Signs a Contract with MidAmerican Energy Corporation II-88
Xcel Energy Signs Two Contracts to Build Wind Energy Projects II-88
Padoma Wind Enters into a Contract with Xcel Energy for Supply
of Power II-88
Axor Group to Build Wind Energy Plant in Pakistan II-88
Cartier Wind Energy Signs Contract with Hydro-Quebec Distribution II-88
IWEA Proposes for Alteration in Tax Incentive Plan for Wind
Energy II-89
FPL Energy Commits to Reduce Avian Collisions in Altamount
Pass Wind Resource Area II-89
Vestas Bags Order for Supply of 67 Wind Turbines from SeaWest
Holdings II-89
Aerisyn Sets Up New Wind Turbine Manufacturing Plant II-89
Alliant Energy Calls for Tenders to Add Wind Generation II-89
REpower Portugal to Make 13 Wind Turbines II-90
REpower Receives Order of 5MW Turbines for Borkum West Wind
Energy Project II-90
GE Energy Receives Turbine Order for Melancthon Gray Wind Farm II-90
BP Develops New Wind Energy Project II-90
NorthWestern Energy Signs an Agreement with Invenergy Wind’s
Associate II-91
AES Corporation Acquires SeaWest Holdings II-91
Minera Delta Changes Name to Vector Wind Energy II-91
PSFC Buys Wind Energy from CEI II-91
FPL Energy and LIPA to Seek Permission for Wind Energy Plant
from USACE II-92
Green Mountain Energy Provides Renewable Electricity at Very
Low Rates II-92
Green Mountain Energy Launches New Product in Pennsylvania for
Renewable Energy II-92
Green Mountain Energy and Freedom Seal to Establish Wind
Powered Community in Texas II-92
Green Mountain Energy Launches Marketing Campaign for
Renewable Energy II-92
Suncor Energy Joins Pembina Institute’s Wind Energy Program II-93
Iberdrola Signs an Agreement with Portuguese Post Office II-93
PPM Energy Acquires Atlantic Renewable Energy II-93
GE’s Wind Turbines to Equip Tébar Eólica’s Las Lomillas Wind
Project II-93
TVA Completes Expansion of Buffalo Mountain Wind Park II-94
Illinois Wind Energy & Tomen Power Sign the Dotted Line II-94
NEGT Emerges from Bankruptcy II-94
AES Corporation Invests in US Wind Force II-94
Magrath Wind Power Project Commences Operations II-95
PPM Energy and FPL Energy Commence Wyoming Wind Energy Center II-95
Vestas Group Receives Order for Wind Turbines II-95
Vestas Group Receives Order for Turbines from Spain II-95
Vestas Group Receives Order for Supply of Turbines to
Sardeolica Srl II-95
Vestas Wind Systems Receives an Order for Turbines from
Walkaway Wind Power II-96
Vestas Wind Systems Sets Up Blade Unit in Australia II-96
Vestas Wind Systems Receives Order from Vestas Deutschland GmbH II-96
GE Energy Receives Order for Supply of Wind Turbines to Italy II-96
GE Energy Receives Order of Wind Turbines for Austrian Wind
Project II-96
Spain’s Six Wind Energy Projects Installed with GE Energy’s
Turbines II-97
EHN Buys 25% Stake in Blue Canyon Wind Farm II-97
ENDESA Starts Three New Wind Farms II-97
ECYR Completes Construction of Fonsagrada-Punago Wind Power
Complex II-97
Shell WindEnergy and Padoma Wind Power Complete Construction
of Brazos Wind Farm II-97
Mitsui & Co Buys 50% Stake at Brazos Wind Farm II-97
Siemens Forays into Wind Energy Sector; Acquires Bonus Energy II-98
GE Garners Contract to Supply Wind Turbines for Magrath Wind
Power Project II-98
PHL Announces Power Generation Commencement from Wainikasou
and Vaturu Plants II-98
Kinko's Inks a Pact with Utah Power II-98

8. Focus on Select Global Players II-99
American Electric Power (USA) II-99
AES Corporation (USA) II-99
Cielo Wind Power (USA) II-99
Enel SpA (Italy) II-99
Enercon GmbH (Germany) II-99
FPL Energy LLC (USA) II-100
Green Mountain Energy Company (USA) II-100
GE Energy (USA) II-100
Shell Windenergy Inc. (USA) II-100
Suzlon Energy Limited (India) II-101
TransAlta Wind (Canada) II-101
Vestas Wind Systems A/S (Denmark) II-101

9. Global Market Perspective II-102
Table 20: World Current & Future Analysis of Installed Wind
Energy Capacities by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Africa/Middle East and
Latin America Independently Analyzed in Megawatts for the
Years 2006 through 2015 (includes corresponding Graph/Chart) II-102

Table 21: World Current & Future Analysis of Wind Energy
Capacity Additions by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Africa/Middle East and
Latin America Independently Analyzed in Megawatts for the
Years 2006 through 2015 (includes corresponding Graph/Chart) II-103

Table 22: World Historic and Recent Past Review of Installed
Wind Energy Capacities by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Africa/Middle
East and Latin America Independently Analyzed in Megawatts for
the Years 1996 through 2005 (includes corresponding
Graph/Chart) II-104

Table 23: World Historic and Recent Past Review of Wind Energy
Capacity Additions by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Africa/Middle East and
Latin America Independently Analyzed in Megawatts for the
Years 1996 through 2005 (includes corresponding Graph/Chart) II-105

Table 24: World 15-Year Perspective for Wind Energy by
Geographic Region - Percentage Breakdown of Installed Annual
Capacity for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Africa/Middle East and Latin American
Markets for the Years 1998, 2008 & 2012 (includes
corresponding Graph/Chart) II-106

Table 25: World 15-Year Perspective for Wind Energy by
Geographic Region - Percentage Breakdown of Capacity Additions
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Africa/Middle East and Latin American Markets for the Years
1998, 2008 & 2012 (includes corresponding Graph/Chart) II-107


III. MARKET

1. The United States III-1
A.Market Analysis III-1
A Current & Future Analysis III-1
A Brief Overview of the American Wind Energy Market III-1
United States: Waking From the Rip Van Winkle Slumber III-1
Table 26: Leading Wind Turbine Manufacturers in the US
(2005) - Percentage Breakdown of Turbine Installed
Capacity for GE Energy, Vestas, Mitsubishi, Suzlon and
Gamesa (includes corresponding Graph/Chart) III-2

Table 27: Leading US Wind Energy Developers (2005) by
Installed Capacity for FPL Energy, PPM Energy, Horizon
Wind Energy, Invenergy and enXco (includes corresponding
Graph/Chart) III-2

Table 28: Leading US Wind Energy Owners by Cumulative
Installed Capacity - 2005 (includes corresponding
Graph/Chart) III-3
Factors Influencing Wind Energy Growth in the US III-3
Trends & Issues III-3
PTC Extension Restores Market Momentum III-3
US Sheds its Image of a Major Consumer of Fossil Fuels III-4
Table 29: Leading Wind Energy States in the US by
Installed Capacity in Megawatts - 2007 (includes
corresponding Graph/Chart) III-5
A Peek into the Resurgence of Wind Energy in the US III-5
Key Developmental Concerns III-6
Technologies III-6
Inadequate Transmission Infrastructure III-6
Transmission Penalties - A Drag on Competitiveness III-6
Farmers in the US - The Supreme Beneficiaries of Wind Energy III-7
A Windmap of Windpower Status III-7
California III-7
Illinois III-8
Minnesota III-8
Texas III-8
Iowa III-8
Washington III-8
Product Innovations/Introductions III-9
Strategic Corporate Developments III-10
Key Players III-35
American Electric Power III-35
AES Corporation III-35
Cielo Wind Power III-35
FPL Energy LLC III-35
Green Mountain Energy Company III-35
GE Energy III-36
Navitas Energy III-36
Shell Windenergy Inc. III-36
TXU Energy III-36
B.Market Analytics III-37
Table 30: US Current & Future Analysis of Installed Wind
Energy Capacity in Megawatts for the Years 2006 through
2015 (includes corresponding Graph/Chart) III-37

Table 31: US Historic and Recent Past Review of Installed
Wind Energy Capacity in Megawatts for the Years 1996 through
2005 (includes corresponding Graph/Chart) III-37

2. Canada III-38
A.Market Analysis III-38
A Current & Future Analysis III-38
A Brief Overview of the Canadian Wind Energy Market III-38
Drawn by the Piper’s Tune III-38
Trends & Issues III-38
Canada: High on Winds III-38
Ontario - A Leader in the Making III-38
Kyoto Plan - Major Benefit for Wind Energy Expansion III-39
Changing Phase in Canadian Wind Energy Industry III-39
Key Player Review III-40
Product Introduction III-40
Strategic Corporate Developments III-40
B.Market Analytics III-46
Table 32: Canadian Current & Future Analysis of Installed
Wind Energy Capacity in Megawatts for the Years 2006 through
2015 (includes corresponding Graph/Chart) III-46

Table 33: Canadian Historic and Recent Past Review of
Installed Wind Energy Capacity in Megawatts for the Years
1996 through 2005 (includes corresponding Graph/Chart) III-46

3. Japan III-47
A.Market Analysis III-47
A Current & Future Analysis III-47
A Brief Overview of the Japanese Wind Energy Market III-47
Catching Up with the Winds III-47
Strategic Corporate Developments III-48
B.Market Analytics III-50
Table 34: Japanese Current & Future Analysis of Installed
Wind Energy Capacity in Megawatts for the Years 2006
through 2015 (includes corresponding Graph/Chart) III-50

Table 35: Japanese Historic and Recent Past Review of
Installed Wind Energy Capacity in Megawatts for the Years
1996 through 2005. (includes corresponding Graph/Chart) III-50

4. Europe III-51
A.Market Analysis III-51
A Current & Future Analysis III-51
Trends & Issues III-51
EC’s New Proposals for Promoting Wind Energy & Other
Renewables III-51
A Prelude to the Wind Industry in Europe III-51
The Green Certificates System Catching Up with Europe III-52
EU Renewables Directive: Creating Potential Partnerships III-52
Competitive Structure of the Wind Power Market in the
European Union III-53
Product Introduction III-53
B.Market Analytics III-54
Table 36: European Current & Future Analysis of Installed
Wind Energy Capacity by Geographic Region - Germany, Spain,
Denmark, Italy, United Kingdom, The Netherlands, Greece,
France, Portugal, Austria and Rest of Europe Independently
Analyzed in Megawatts for the Years 2006 through 2015
(includes corresponding Graph/Chart) III-54

Table 37: European Current & Future Analysis of Wind Energy
Capacity Additions by Geographic Region - Germany, Spain,
Denmark, Italy, United Kingdom, The Netherlands, Greece,
France, Portugal, Austria and Rest of Europe Independently
Analyzed in Megawatts for the Years 2006 through 2015
(includes corresponding Graph/Chart) III-55

Table 38: European Historic and Recent Past Review of
Installed Wind Energy Capacity by Geographic Region -
Germany, Spain, Denmark, Italy, United Kingdom, The
Netherlands, Greece, France, Portugal, Austria and Rest of
Europe Independently Analyzed in Megawatts for the Years
1996 through 2005 (includes corresponding Graph/Chart) III-56

Table 39: European Historic and Recent Past Review of Wind
Energy Capacity Additions by Geographic Region - Germany,
Spain, Denmark, Italy, United Kingdom, The Netherlands,
Greece, France, Portugal, Austria and Rest of Europe
Independently Analyzed in Megawatts for the Years 1996
through 2005. (includes corresponding Graph/Chart) III-57

Table 40: European 15-Year Perspective for Wind Energy by
Geographic Region - Percentage Breakdown of Installed Annual
Capacity for Germany, Spain, Denmark, Italy, United Kingdom,
The Netherlands, Greece, France, Portugal, Austria and Rest
of Europe for the Years 1998, 2008 & 2012 (includes
corresponding Graph/Chart) III-58

Table 41: European 15-Year Perspective for Wind Energy by
Geographic Region - Percentage Breakdown of Capacity
Additions for Germany, Spain, Denmark, Italy, United
Kingdom, The Netherlands, Greece, France, Portugal, Austria
and Rest of Europe for the Years 1998, 2008 & 2012 (includes
corresponding Graph/Chart) III-59

4a. Germany III-60
A.Market Analysis III-60
A Current & Future Analysis III-60
A Brief Overview of the German Wind Energy Market III-60
An Illustrious Model for the Aspiring Global Wind Industry III-60
New Renewable Energy Law Spurs Wind Energy Expansion III-60
Table 42: Leading Sources of Energy in Germany - Ranked by
Their Popularity on a Scale of 1-10 (includes
corresponding Graph/Chart) III-61

Table 43: Leading Wind Turbines Manufacturers in Germany
by Turbine Installed Capacity (2005) - Percentage
Breakdown for Enercon, Vestas, GE Energy, Nordex, REpower
Systems, Siemens Wind Power, Gamesa, Fuhrlander and
Sonstige (includes corresponding Graph/Chart) III-61
Product Innovations/Introductions III-62
Strategic Corporate Developments III-62
B.Market Analytics III-64
Table 44: German Current & Future Analysis of Installed
WindEnergy Capacity in Megawatts for the Years 2006 through
2015 (includes corresponding Graph/Chart) III-64

Table 45: German Historic and Recent Past Review of
Installed Wind Energy Capacity in Megawatts for the Years
1996 through 2005 (includes corresponding Graph/Chart) III-64

4b. Spain III-65
A.Market Analysis III-65
A Current & Future Analysis III-65
A Brief Overview of the Spanish Wind Energy Market III-65
Spotlight on Southern Europe’s Powerhouse of Wind Energy III-65
Changes do not Impact Spanish Wind Industry Growth III-65
Wind Developers in Spain III-66
Table 46: Leading Wind Energy Players in the Spain (2003 &
2005 (E)) - Percentage Breakdown of Installed Capacity
for Iberdrola, EHN & Acciona, Endesa, Cesa, Fenosa,
Gamesa, and Others (includes corresponding Graph/Chart) III-66
Strategic Corporate Developments III-67
B.Market Analytics III-70
Table 47: Spanish Current & Future Analysis of Installed
Wind Energy Capacity in Megawatts for the Years 2006 through
2015 (includes corresponding Graph/Chart) III-70

Table 48: Spanish Historic and Recent Past Review of
Installed Wind Energy Capacity in Megawatts for the Years
1996 through 2005 (includes corresponding Graph/Chart) III-71

4c. Denmark III-72
A.Market Analysis III-72
A Current & Future Analysis III-72
A Brief Overview of the Danish Wind Energy Market III-72
Powering up Growth Engines III-72
Demystifying the Success of the Danish Wind Industry III-73
Danish Wind Turbines: An Embodiment of Commercial Success III-73
Strategic Corporate Developments III-74
B.Market Analytics III-75
Table 49: Danish Current & Future Analysis of Installed Wind
Energy Capacity in Megawatts for the Years 2006 through 2015
(includes corresponding Graph/Chart) III-75

Table 50: Danish Historic and Recent Past Review of
Installed Wind Energy Capacity in Megawatts for the Years
1996 through 2005 (includes corresponding Graph/Chart) III-75

4d. Italy III-76
A.Market Analysis III-76
A Current & Future Analysis III-76
A Brief Overview of the Italian Wind Energy Market III-76
Zeroing In on the Benefits of Green Energy III-76
Leading Wind Energy Producers & Turbine Manufacturers III-76
Table 51: Leading Wind Energy Producers in Italy (2004) -
Percentage Breakdown of Installed Capacity for IVPC, Enel
Greenpower, Edens, Sanseverino, EnerTAD, FRI-EL, Gamesa
and Others (includes corresponding Graph/Chart) III-77

Table 52: Leading Wind Turbine Manufacturers in Italy
(2004) - Percentage Breakdown by Turbine Installed
Capacity for Italian Wind Technology- Vestas, Enercon,
Gamesa, Siemens, REpower, GE Energy, RWT and WEST
(includes corresponding Graph/Chart) III-77
Leading Wind Turbine Component Suppliers in Italy III-78
Strategic Corporate Developments III-78
Enel SpA - A Key Player III-80
B.Market Analytics III-81
Table 53: Italian Current & Future Analysis of Installed
Wind Energy Capacity in Megawatts for the Years 2006
through 2015 (includes corresponding Graph/Chart) III-81

Table 54: Italian Historic and Recent Past Review of
Installed Wind Energy Capacity in Megawatts for the Years
1996 through 2005 (includes corresponding Graph/Chart) III-81

4e. The United Kingdom III-82
A.Market Analysis III-82
A Current & Future Analysis III-82
A Brief Overview of the Wind Energy Market in the UK III-82
Heading Towards a Green Future III-82
Trends & Issues III-83
Ready for Expansion III-83
UK’s Large Wind Farms in Operation III-83
UK Takes the Cue from Offshore Winds III-84
Government Promotes Offshore Wind Farms III-85
Strategic Corporate Developments III-85
B.Market Analytics III-87
Table 55: United Kingdom Current & Future Analysis of
Installed Wind Energy Capacity in Megawatts for the Years
2006 through 2015 (includes corresponding Graph/Chart) III-87

Table 56: United Kingdom Historic and Recent Past Review of
Installed Wind Energy Capacity in Megawatts for the Years
1996 through 2005 (includes corresponding Graph/Chart) III-88

4f. The Netherlands III-89
A.Market Analysis III-89
A Current & Future Analysis III-89
A Brief Overview of the Wind Energy Market in the Netherlands III-89
Taking a crack at Green Energy III-89
Strategic Corporate Developments III-89
B.Market Analytics III-90
Table 57: Dutch Current & Future Analysis of Installed Wind
Energy Capacity in Megawatts for the Years 2006 through
2015. (includes corresponding Graph/Chart) III-90

Table 58: Dutch Historic and Recent Past Review of Installed
Wind Energy Capacity in Megawatts for the Years 1996
through 2005 (includes corresponding Graph/Chart) III-90

4g. Greece III-91
A.Market Analysis III-91
A Current & Future Analysis III-91
A Brief Overview of the Grecian Wind Energy Market III-91
A Windy Greece Promises Much III-91
A Grecian Scenario III-91
Table 59: Leading Wind Turbine Manufacturers in Greece
(2005) - Percentage Breakdown of Installed Turbine
Capacity for Siemens, Vestas, Enercon, Nordex and Others
(includes corresponding Graph/Chart) III-92
Strategic Corporate Developments III-92
B.Market Analytics III-93
Table 60: Greek Current & Future Analysis of Installed Wind
Energy Capacity in Megawatts for the Years 2006 through
2015 (includes corresponding Graph/Chart)