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The Onshore and Offshore Wind Power Generation Outlook

Business Insights, Nov 2010, Pages: 145


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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?



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