Jan 9 2010
Research and Markets has released a report titled “Top 5 Global Wind Power Markets to Look For in 2009 -2010.” Wind energy over the last decade has developed into a rapidly emerging source for the generation of electricity with an average annual growth of 30 percent. This development and the concerns for climate change has enabled the wind energy to emerge as a flourishing and full grown global industry. Declining costs for wind energy generation and concerns for energy security have also fueled the growth of wind energy market.
Though the market is sluggish at present, wind Power has positive long-term prospects as major economies are concentrating a lot more on reducing emissions of carbon dioxide. The total wind installed capacity is likely to have a global increase at a CAGR of 19.75 percent between the years 2008 and 2015 to 425GW by the year 2015.
“Top 5 Global Wind Power Markets to Look For in 2009 -2010” analyzes the growth of the leading wind power markets across the world that have grown rapidly in the year 2009 and expected to be among the fastest growing the year 2010. This report, for all the 5 markets, examines government policy and support, market competition, R&D status, future potential and projections for the installed capacities in the countries and current installation practices. This report also studies in great detail about the global wind industry with reference to the industry’s recent developments, future growth of the technology and current installations of wind turbines.