DEVELOPMENTS IN THE GLOBAL WIND POWER MARKET


27/11/2016





According to data from the last 15 years, the global wind energy sector has reached 95 percent of its experience curve and sees an average plant capacity of 40,000 MWs added per annum. By the end of 2014, the global established wind power capacity has reached 369,533 MWs. Approximately 60 percent of established wind power capacity is in China, the USA and Germany.Two uncertainties exist at the basic level for the wind energy market. These are the financial crisis in Europe and political uncertainty. Two alternatives appear possible for the wind energy sector to partially tolerate these uncertainties. these are namely the developing market for wind energy in Eastern Europe and repowering practices.By Dr. Cenk SEVÝM
Author of the book Global Energy Strategies and Geopolitics You can read the rest of the article on our issue of December

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