Sep 29 2010
A recent report issued by the Global Wind Energy Council (GWEC) indicates that the total wind power production world over will reach the 200 GW production goal before the end of this year.
The predictions made in the report indicate that during the year 2010 alone 40 GW new wind power capability is added to its total power production. At the end of the year the total wind energy is expected to account for a total 3% of the worldwide energy production.
Steve Sawyer, Global Trade Association’s Secretary, stated to the participants of the recently concluded Husum WindEnergy Exhibition in Germany, that notwithstanding a decrease in the number of orders from the USA wind market during 2010 the world wind energy market will almost double its capacity to 400 GW by the year 2014. He added that the wind energy market all over the world contrary to the predictions will efficiently withstand economic crises and is poised to grow. He explained that the growth will be fueled by the growth in European countries, China and the currently upcoming US wind market and also expects sufficient growth in North African and South American nations.
Sawyer further said that the competitive wind power market will grow and go beyond the conventional European and North American markets. He clarified that more wind power installations are happening in developing countries and new emerging economies all over the world. He quoted some of the encouraging markets such as Brazil, Latin America, Chile, Northern and Sub-Saharan Africa and Mexico as example.
Source: http://www.gwec.net/