NewEnergyNews More: WHAT IS IN THE WIND

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  • Tuesday, July 12, 2011

    WHAT IS IN THE WIND

    Global Wind Energy Outlook; Onshore and Offshore Wind Energy Market Opportunities and Challenges, Technology Issues, Key Industry Players, and Global Capacity, Installation Cost, and Production Revenue Forecasts
    3Q 2011 (Pike Research)

    "Despite the challenging market conditions for the global wind energy industry, this is a dynamic time for innovation in the market as companies are pushing turbines to sizes never before thought practical or economical. Some of the world’s top engineering challenges of the 21st century are taking place in factories longer than football fields…"

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    "…[T]here is also much at stake as the companies push limits and take major risks in an increasingly competitive sector…China’s leadership in wind energy deployment is both an opportunity and a challenge for European and American companies looking to compete in that market and internationally. Europe remains a technology leader and [with offshore deployments] is carving out the next frontier…"

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    "…The United States is lagging in many respects, but most industry players are optimistic for what the future holds as costs continue to drop dramatically. In some markets, wind energy has already reached grid parity, a trend that will continue to become more common around the world…"

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