At the start of 2009, global wind power generating capacity stood at almost 121 GW, representing a twelve-fold increase from ten years ago when world wind power generation capacity was just over 10.2 GW. It has grown from being an emerging fuel source a decade ago into a mature and booming global industry, primarily due to global concerns over climate change, energy security and declining costs of wind power generation. The future prospects of the global wind industry are very encouraging and Research and Markets estimate that it will grow at a CAGR of 19.75% between 2008 and 2015 to reach 425 GW by 2015.
The report Global Wind Power Report (2009) analyses 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 report 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 report also investigates developments and trends in various countries across the world. For each of these countries, report covers current developments, 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: Enercon, Gamesa, GE, Nordex AG, Siemens, Suzlon and Vestas is also presented. Finally, the report includes a study of some recent and important wind power projects across the globe.
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