Jan 7 2010
Research and Markets has released a new report titled “Top 5 European Wind Power Markets to Look for in 2009-2010.” Wind energy has developed into a rapidly increasing source for electricity generation over the last decade possessing an average annual growth of 30 percent. Wind energy was in nascent stages 10 years ago and now has developed into a full-grown and flourishing global industry. The exponential growth of the wind energy industry is attributed to growing concerns for climate change, declining cost for wind energy generation and concerns about energy security.
Wind power’s long term prospects, in spite of the near term slowdown, continues to have a positive outlook as major economies are focusing a lot more on the reduction of carbon dioxide emissions. The total wind installed capacity throughout the world is likely to be increased at a CAGR of 19.75 percent between the years 2008 and 2015 to 425GW by the year 2015.
The report “Top 5 European Wind Power Markets to Look for in 2009-2010” examines the leading wind power markets in Europe that are considered to have rapidly developed in the year 2009 and are expected grow rapidly in the year 2010 as well. The report examine issues that include government policy and support, existing installation trends, R&D status and future potential, projections for the installed capacities in the respective countries and competitions in the market. The report also has a detailed study on the current installations of wind turbines in the global wind industry, future prospects of the technology and recent developments in the industry.
Source: http://www.researchandmarkets.com/