in News Departments > New & Noteworthy
print the content item

Global wind plants are set to more than triple by 2015, with cumulative installed bases expected to rise from approximately 91 GW by the end of 2007 to over 290 GW by the end of 2015, according to recently released global wind energy country forecasts from Emerging Energy Research (EER), an advisory and consulting firm that analyzes renewable energy markets on a global basis.

Annual MW added for global wind power is expected to increase more than 50%, from approximately 17.5 GW in 2007 to over 30 GW in 2015, according to EER's forecasts.

"The U.S. and China will be neck-and-neck for global annual MW-added leadership in the coming decade," says Joshua Magee, senior analyst for EER. "U.S. federal renewable energy policy support and proactive transmission expansion projects will need to stay on pace for the country to remain ahead of China's voracious renewables growth appetite by 2015."

With demand for wind power escalating across all global regions, virtually every major wind turbine supplier is increasing its production capacity. New fabrication and assembly facilities are planned in North America, Europe, Asia Pacific and South America. Numerous component suppliers are investing in key wind turbine supply chain pinch points such as gearboxes, blades, bearings, towers and castings, according to EER.

"Long-term global energy demand drivers continue to favor wind build-out," says Magee. "Steady global electricity demand increases show no sign of easing, and global emissions reduction initiatives are likely to become more prevalent beyond the current 2012 Kyoto period and will diversify into the U.S. and Asia. Fossil fuel price volatility is likely to continue to stimulate long-term demand, with wind serving as a quickly deployable hedge against natural gas and petroleum power generation."



Trachte Inc._id1770
Latest Top Stories

Alberta Breaks Wind Power Record, Then Does It Again

Last week, the Alberta Electric System Operator recorded new wind production peaks in the Canadian province - highlighting how well the grid integrated the renewable energy.


Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.

Canwea_id1984
Navigant_id1983
Renewable NRG_id1934