Synergyst Estimates European Wind Power Market to Reach 90GW in 2010, 130GW by 2015
Despite the global recession and slow economic recovery, European wind power market showed a robust growth in 2009 with an annual addition of more than 10GW in installed capacity. Wind power accounted for almost 40% of all the electricity generated in Europe during the year with investments in the wind sector reaching €13 billion in 2009. Spain emerged as the largest market in 2009 with one-fourth of annual installations followed by Germany, Italy, France and UK. In terms of total installed capacity, Germany is still the market leader with installed capacity in excess of 25GW followed by Spain, Italy France and UK. The future prospects of the European wind power market are very encouraging and the region is expected to maintain its leadership position over the next 5-6 years. Synergyst believe that the total installed wind capacity in Europe will be 90GW by the end of 2010 and will reach 130GW by 2015 at CAGR of 9%. Europe will continue to host the largest wind energy capacity, with the total installed capacity reaching 127GW by 2015, followed by Asia with 100GW and North America with 94GW. Synergyst's latest report "European Wind Power Markets – Trends and Outlook (2010-2015)" analyzes the potential of the wind power market in the Europe and presents trends and forecast for the overall as well as individual markets in the region.
Report Coverage and Highlights
-- Report presents an overview of the current and future energy markets in Europe and discusses some of the energy concerns that are faced by the region.
-- Report covers in detail the wind power sector in Europe, focusing on current installed capacity, trends in recent years and overall outlook of the industry over the next few years.
-- Factors affecting the wind power generation in Europe, including growth drivers, challenges and policy framework, are further discussed in the report.
-- A detailed costing of wind power generation in Europe is discussed to help analyze the areas of cost cutting and savings.
-- Report further provides information on potential of the offshore wind power generation in Europe, including current offshore installed capacity and its future prospects.
-- Market profiles are provided for the top 15 European wind power generating countries covering market trends, data on current and future installed capacities and a summary of R&D activities and recent developments in the country.
-- Detailed profiles of leading utilities and turbine manufacturers are discussed along with the summary of their operations in the region and their future plans.
-- Finally, the report provides the profiles and details of all the important wind farms in Europe (32 in total).
To know more, order the following report – European Wind Power Markets – Trends and Outlook (2010-2015)
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