WIND WILL KEEP GROWING—REPORT

Wind Energy Market at Forefront of Renewable Energy Initiatives
January 9, 2009 (EarthTimes)

“Harnessing America's renewable energy sources is a priority on President-elect Barack Obama's political agenda, and American businesses and consumers are poised to follow his lead to make the U.S. a greener, more energy responsible nation…

“Market research publisher SBI expects Obama's commitment to long-term U.S. economic recovery will advance the development of alternative energies as a key factor. This will drive the already steadily strengthening wind energy market in 2009 and beyond.

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“The U.S. wind industry expanded rapidly in 2008, and in the all-new report "Wind Power in the U.S. and the World," SBI estimates that the total wind energy market in the U.S. was valued at $151 billion. By 2013, SBI projects that the total U.S. market value for wind energy will reach an estimated $180 billion, representing a compounded annual growth rate of 3% for the five-year period starting in 2009.

"Wind Power in the U.S. and the World identifies key dynamics and economic and market trends driving the wind power industry, and profiles major market players, outlining their strategies to maximize growth and profitability. The report also covers shipments, imports and exports, and provides historical data for 2002 through 2008, and forecast data from 2009 to 2013.”