According to the "Global Wind Power Report 2008" released by Research and Markets, the global wind industry is estimated to grow by more than 70% and reach 160 gigawatts by 2012. The report states wind is the world's fastest-growing energy source with an average annual growth rate of 29% over the last ten years, while power generation costs of wind energy have dropped by 50%. This represents a twelve-fold increase from a decade ago, when world wind-generating capacity stood at just over 7.6 gigawatts.
Since emerging as a fuel source a decade ago, wind energy has grown rapidly into a mature and booming global industry. The power generation costs of wind energy have fallen by 50%, moving closer to the cost of conventional energy sources. The future prospects of the global wind industry are very encouraging and it is estimated to grow by more than 70% over the next five years to reach 160 gigawatts by year 2012.
Global Wind Power Report 2008 analyzes this industry, starting from the basics to what is driving this industry. The report starts off with a brief overview of the global energy market which contains data on global energy statistics, outlook for the industry, the growing focus on renewable energy worldwide, and of course, the potential of wind energy. The report then moves on the discussing the basic technology behind wind turbines. The section looks at component and principles of wind turbines and the various types of wind turbines available today.
Further, the report discusses in details the global wind industry with current wind turbine installations, recent industry developments and future prospects of the technology. The document also presents insights into the factors that are encouraging this industry along with challenges that need to be addressed for future growths. A detailed cost analysis is presented to give current and future generation costs and its costs are compared with other technologies.
The Research and Markets report further investigates developments and trends in various countries across the world. For each of these countries, report covers current development, factors driving growth, policy to support wind energy and future prospects of wind energy in that country. Brief profiles of leading vendors and developers including - Suzlon, Enercon, Gamesa, Ge, Nordex AG, Siemens, and Vestas - is also presented. The report also presents a study of some recent and important wind power projects across the globe.
For more information, pls visit http://www.researchandmarkets.com/research/a1c452/global_wind_power
Source: http://www.cnbc.com/id/27159236/ Date: 13-10-08
Global Wind Power Report 2008 analyzes this industry, starting from the basics to what is driving this industry. The report starts off with a brief overview of the global energy market which contains data on global energy statistics, outlook for the industry, the growing focus on renewable energy worldwide, and of course, the potential of wind energy. The report then moves on the discussing the basic technology behind wind turbines. The section looks at component and principles of wind turbines and the various types of wind turbines available today.
Further, the report discusses in details the global wind industry with current wind turbine installations, recent industry developments and future prospects of the technology. The document also presents insights into the factors that are encouraging this industry along with challenges that need to be addressed for future growths. A detailed cost analysis is presented to give current and future generation costs and its costs are compared with other technologies.
The Research and Markets report further investigates developments and trends in various countries across the world. For each of these countries, report covers current development, factors driving growth, policy to support wind energy and future prospects of wind energy in that country. Brief profiles of leading vendors and developers including - Suzlon, Enercon, Gamesa, Ge, Nordex AG, Siemens, and Vestas - is also presented. The report also presents a study of some recent and important wind power projects across the globe.
For more information, pls visit http://www.researchandmarkets.com/research/a1c452/global_wind_power
Source: http://www.cnbc.com/id/27159236/ Date: 13-10-08
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