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The emission-neutral energy provided by wind power represents a unique opportunity to help the world end its reliance on fossil fuels, and to spur the economy by creating millions of “green collar” jobs. Wind power has followed an evolutionary path over thousands of years that has transformed it from an efficient method for grinding grain into the world’s fastest-growing and most cost-competitive sustainable energy source. NextGen Research foresees the overall installed base of global wind power generating capacity growing at a CAGR of 21.4%, from 120.8 GW in 2008 to nearly 319 GW by 2013. New wind power generating installations will dip 9% in 2009 from 2008’s record levels, before recovering in 2010 and growing through the balance of the forecast period.
What Does This Report Answer?
- What are the key benefits and disadvantages of wind power?
- What is the global business climate for wind power development?
- What international legislative and regulatory developments will spur greater adoption of wind power?
- Which countries and global regions will expand their use of wind power most over the next five years?
- How quickly is the cost of wind power dropping?
- What is the impact of wind power on the electrical grid?
- Who are the leading wind turbine producers today, and who will lead the market in five years?
Who Needs This Report?
- Community organizations considering investment in wind power
- Electric utilities
- Energy regulators
- Industrial or other corporations considering investment in wind power
- Stock analysis firms covering the renewable energy markets
- Venture capital firms analyzing opportunities in the wind power markets
- Wind farm owners
- Wind turbine component manufacturers
- Wind turbine manufacturers
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