The Onshore and Offshore Wind Power Generation Outlook

With vast potential around the world and technological developments taking shape to achieve better efficiencies for power generation, wind power will experience considerable growth going forward. Wind power technology has developed over years in size and scale to establish itself as a viable renewable energy source for power generation. The rotor blades increased in diameter from 15 meters in 1980 to 112 meters in 2000, after which the growth was limited to 126 meters. This report provides insight on onshore and offshore wind power technologies, legislative framework, the future outlook.

Scope of this research

- Comprehend the potential of wind power compared to other renewables with respect to installed capacity, investment, growth, and economics.

- Achieve a comprehensive understanding of wind power generation technologies with respect to working principle, installed capacity, and efficiencies.

- Evaluate the development of the wind power technologies, the major players, and economics.

- Assess the potential of wind power technologies regionally regarding installed capacity, legislative framework, drivers, resistors, and outlook.

- Understand the future growth trends for wind power technologies and the projected installed capacity and generation.

Research and analysis highlights

In 2009, investment in renewables was US$150bn, with a growth of 25% over 2008. Germany, China, and the US were the biggest investors in renewables in 2009, respectively.

Global cumulative installed wind power capacity globally grew at a CAGR of 28% from 59GW in 2005 to 159GW in 2009. Growth was primarily driven by the US, Germany, China and Spain during this period.

Offshore wind power is pioneered by Europe. Europe had a cumulative installed capacity of 1,901MW across nine European countries as of 2009. The UK and Denmark lead the offshore wind power capacity with 44% and 30% share of total EU capacity.

Key reasons to purchase this research

- What is the driving the growth of wind power generation globally?

- What is the status of onshore and offshore wind power generation globally?

- What are the technological developments taking place wind power generation technologies?

- What is the installed capacity, growth, and future outlook for wind power technologies?

- What is the growth potential of wind power in global regions and how are they supported by the respective governments? SHOW LESS READ MORE >

Disclaimer
Executive summary
Market overview
Wind power economics and technology
Onshore and offshore wind power
Europe
North America
Asia Pacific
Latin America
Africa and the Middle East
Future outlook

Chapter 1 Market overview
Summary
Overview of wind power market
Growth of wind power
Development of wind power
Installed capacity and generation
Installed capacity
Generation
Wind resources
Wind power classes
Key players
Offshore players
Drivers for wind power
Clean and renewable power
Government support mechanisms
Utility scale generation
Resistors against wind power
Intermittency
Integration challenges
High power generation cost
Environmental concerns

Chapter 2 Wind power economics and technology
Summary
Economics of wind power
Onshore
Investment costs
Operation and maintenance costs
Generation cost
Offshore
Comparative economics
Wind power technology
Rotors
Drive train
Towers
Capacity factor
Repowering

Chapter 3 Onshore and offshore wind power
Summary
Onshore wind power
Technology Overview
Drivers for onshore wind power
Low generation cost will enable onshore wind power development
Ease of integration
Resistors against onshore wind power
Environmental concerns
Declining number of potential wind sites
Offshore wind power
Technology overview
Drivers for offshore wind power
Vast potential enabling growth of offshore wind power
High capacity factors to drive offshore wind adaptability
Technological developments to drive growth
Resistors against offshore wind power
High cost of power generation may impede the growth of offshore wind power
Integration challenges
Environmental concerns

Chapter 4 Europe
Summary
Installed capacity and growth
Legislation
FIT and bonus
Other subsidies and incentives for wind power
Drivers
EU GHG emissions reduction target to drive growth
Community participation to drive growth
Resistors
Lack of proper grid infrastructure
Wind power outlook for Europe
Germany
Spain
Italy
France
UK

Chapter 5 North America
Summary
Installed capacity and growth
Legislation
US
Grants and subsidies
Tax credit
Other subsidies and incentives for wind power
FIT
Tax credits
Other subsidies and incentives for wind power
Canada
FIT
Grants and subsidies
Other subsidies and incentives for wind power
Drivers
Economic recovery will likely drive the growth of wind power
Resistors
Uncertain federal support
Lower natural gas prices
Wind power outlook for North America
US
Canada

Chapter 6 Asia Pacific
Summary
Installed capacity and growth
Legislation
Grants and subsidies
FIT
Tax credits
Other subsidies and incentives for wind power
Drivers
Growing demand for electricity and rising carbon emissions
Untapped potential
Resistors
Ambiguous government support policies
Wind power outlook for Asia Pacific
China
India
Australia

Chapter 7 Latin America
Summary
Installed capacity and growth
Legislation
FIT
Grants and subsidies
Tax credits
Other subsidies and incentives for wind power
Drivers
Vast potential
Resistors
Lack of adequate government policies
Wind power outlook for Latin America
Brazil
Mexico
Chile
Costa Rica

Chapter 8 Africa and the Middle East
Summary
Installed capacity and growth
Legislation
Africa
FIT
Other subsidies and incentives for wind power
The Middle East
FIT
Drivers
RPS targets in Egypt and Morocco to drive growth in the region
Resistors
Abundance of fossil fuels
Wind power outlook for Africa and the Middle East
Africa
Egypt
Morocco
Tunisia
The Middle East
Iran

Chapter 9 Future outlook
Summary
Wind power outlook
Offshore wind power
Glossary
Abbreviations

Table of figures

Figure 1: Global renewable power generation capacity 2005–09 (%), 2010
Figure 2: Global installed wind power generation capacity 2005–09 (MW), 2010
Figure 3: Top 10 countries cumulative installed wind power generation capacity 2009 (MW), 2010
Figure 4: Top 10 countries with annual additional installed wind power generation capacity in 2009 (MW), 2010
Figure 5: Top 10 countries with annual additional installed wind power generation capacity in 2009 (%), 2010
Figure 6: Global wind power electricity generation 2005–09 (TWh), 2010
Figure 7: Global wind resource map, 2008
Figure 8: Top 10 global wind turbine manufacturers market share 2009 (%), 2010
Figure 9: Key offshore wind players market share in Europe 2009 (%), 2010
Figure 10: Typical cost break up of a wind turbine installation (%), 2008
Figure 11: Investment cost of wind turbines in select countries per MW (‘000 US$/MW), 2009
Figure 12: Typical cost structure of an offshore wind farm (%), 2009
Figure 13: Cost of power for select European offshore wind projects (US$ per MWh), 2009
Figure 14: Levelized electricity generation cost (US$ per MWh), 2010
Figure 15: Cost split for different power generation technologies (%), 2010
Figure 16: Types of VAWT design
Figure 17: Modern wind turbine components
Figure 18: Repowered wind farm in Simonsberg in Germany, 2010
Figure 19: Growth in size of wind turbines, 2009
Figure 20: Offshore installed wind power generation capacity in Europe 2005–09 (MW), 2010
Figure 21: Offshore support structures used in European offshore wind farms (%), 2010
Figure 22: Offshore wind support structures
Figure 23: Cumulative installed wind power generation capacity in Europe 2005–09 (MW), 2010
Figure 24: Renewable energy targets in select countries in Europe (%), 2010
Figure 25: Europe installed wind power generation capacity forecast 2008–2030 (MW), 2010
Figure 26: Cumulative installed wind power generation capacity in North America 2005–09 (MW), 2010
Figure 27: US state cumulative installed capacity in 2009 (MW), 2010
Figure 28: Cumulative installed wind power generation capacity in Asia Pacific 2005–09 (MW), 2010
Figure 29: Cumulative installed wind power generation capacity forecast for India 2010–2030 (MW), 2009
Figure 30: Wind power generation forecast for India 2010–2030 (GWh), 2009
Figure 31: Cumulative installed wind power generation capacity in Latin America 2005–09 (MW), 2010
Figure 32: Cumulative installed wind power generation capacity forecast for Brazil, 2010–2030 (MW), 2010
Figure 33: Cumulative installed wind power generation capacity in Africa and the Middle East 2005–09 (MW), 2010
Figure 34: Wind resource map of Egypt, 2005
Figure 35: Global renewable power generation capacity forecast 2007-35 (GW), 2010
Figure 36: Global renewable electricity generation forecast 2007–2035 (bn kWh), 2010
Figure 37: Cumulative installed wind power generation capacity forecast 2009–14 (GW), 2010
Figure 38: Offshore installed wind power generation capacity forecast in Europe 2009–2020 (MW), 2010

Table of tables

Table 1: Global renewable power generation capacity 2005–09 (GW), 2010
Table 2: Global cumulative installed wind power generation capacity 2005–09 (MW), 2010
Table 3: Top 10 countries cumulative installed wind power generation capacity 2009 (MW), 2010
Table 4: Top 10 countries with annual additional installed wind power generation capacity in 2009 (MW), 2010
Table 5: Global wind power electricity generation 2005–09 (TWh), 2010
Table 6: Wind power classes, 2009
Table 7: Top 10 global wind turbine manufacturers market share 2009 (%), 2010
Table 8: Key offshore wind players market share in Europe 2009 (%), 2010
Table 9: Typical cost break up of a wind turbine installation (%), 2008
Table 10: Investment cost of wind turbines in select countries per MW, 2009
Table 11: Typical cost structure of an offshore wind farm (%), 2009
Table 12: Investment cost for select offshore wind projects in Europe (US$ per MW), 2009
Table 13: Cost of power for select European offshore wind projects (US$ per MWh), 2009
Table 14: Levelized electricity generation cost (US$ per MWh), 2010
Table 15: Cost split for different power generation technologies (%), 2010
Table 16: Select turbines with direct drive technology, 2009
Table 17: Offshore installed wind power generation capacity in Europe 2005–09 (MW), 2010
Table 18: Select supporting platforms used in European offshore wind farms, 2010
Table 19: Offshore support structures used in European offshore wind farms (%), 2010
Table 20: Cumulative installed wind power generation capacity in Europe 2005–09 (MW), 2010
Table 21: Renewable energy targets in select countries in Europe (%), 2010
Table 22: Europe installed wind power generation capacity forecast 2008–2030 (MW), 2010
Table 23: Cumulative installed wind power generation capacity in North America 2005–09 (MW), 2010
Table 24: US state cumulative installed capacity in 2009 (MW), 2010
Table 25: Cumulative installed wind power generation capacity in Asia Pacific 2005–09 (MW), 2010
Table 26: Cumulative installed wind power generation capacity forecast for India 2010–2030 (MW), 2009
Table 27: Wind power generation forecast for India 2010–2030 (GWh), 2009
Table 28: Cumulative installed wind power generation capacity in Latin America 2005–09 (MW), 2010
Table 29: Cumulative installed wind power generation capacity forecast for Brazil, 2010–2030 (MW), 2010
Table 30: Wind power projects under construction in Brazil (MW), 2010
Table 31: Cumulative installed wind power generation capacity in Africa and the Middle East 2005–09 (MW), 2010
Table 32: Global renewable power generation capacity forecast 2007-35 (GW), 2010
Table 33: Global renewable electricity generation forecast 2007–2035 (bn kWh), 2010
Table 34: Cumulative installed wind power generation capacity forecast 2009–14 (GW), 2010
Table 35: Offshore installed wind power generation capacity forecast in Europe 2009–2020 (MW), 2010