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Look Towards A New Future

Apr 4, 2012

Wind Repowering to 2020 - Capacity, Generation and Cost-Benefit Analysis

This research provides an understanding of the wind repowering market potential by country. The research also provides historical and forecast analysis of the global wind repowering installed capacity and power generation. The report details about key drivers and restraints in the wind repowering industry. The report provides the repowered capacity additions, repowered generation, cost-benefit analysis and generation based revenues in the countries such as Germany, the UK, Denmark, the US and India. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s Team of industry experts.

Reasons to Buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
  • Facilitate decision-making based on strong historic and forecast data for wind repowering market.
  • Develop strategies based on the various market developments in the wind repowering industry.
  • Position yourself to gain the maximum advantage of the wind repowering industry’s growth potential.
  • Identify key partners and business development avenues based on the understanding of the market movements of the major competitors in the wind repowering market.
  • Respond to your competitors’ business structure, strategy and prospects.

Wind RepoweringMarket

 Published: March 2012
No. of Pages: 84
Price: Single User License: US$ 3995     Corporate User License: US$11985

          

The global wind energy market witnessed huge growth from 2009 to 2010 as total wind power capacity grew by 22.3%. The global wind energy installed capacity increased at a Compound Annual Growth Rate(CAGR) of 27.9% from 74,107 megawatt (MW) in 2006 to 198,203 MW in 2010, of which 36,100 MW went online in 2010. Although the cumulative capacity for wind power grew, there was a 10.9% fall in annual additions in 2010 as major wind markets such as the US, Germany and Spain faced economic problems following the global economic crisis. The global wind power markets are expected to recover in 2011 due to the huge order intake by major wind manufacturers, the growing Asia-Pacific (APAC) region, emerging South America and Africa regions, steady European wind markets and recovery in North America. Wind power manufacturers across the world had a high order intake in 2010 with expected delivery deadlines in 2011 and 2012. This will contribute to the annual installations in 2011-2012.

According to GlobalData, wind farms installed up until 1996 were considered to be potential wind repowering sites in 2011. The global wind repowering market has increased significantly during the last five years, and cumulative installed capacity grew from an estimated 877 MW in 2005 to an estimated 2,499.4 MW in 2011 with a Compound Annual Growth Rate (CAGR) of 23.3%. Until 2011, approximately 17% of the total wind repowering potential had been explored globally.