New policy research has shown that policy-based incentives are expected to drive the expansion of the onshore wind sector throughout Northern and Western Europe over the next decade, with capacity worth in excess of 70 gigawatts (GW) expected through the next ten years.
A raft of driving factors, including increased demand for electricity and the decreasing cost of wind power, is set to see the wind energy industry soar across Africa and could see the industry add 30 gigawatts (GW) worth of new capacity over the next decade.
China’s recently-announced switch from a Feed-in Tariff (FiT) scheme to a competitive auction mechanism will help the country surpass its national cumulative wind power target of 210 gigawatts (GW) by 2020 and install more than 20 GW per year on average over the next 10 years.
The US wind energy industry is expected to install more than 30 gigawatts over the next three years as developers look to take advantage of the wind energy production tax credit that will begin phasing out in 2021.
Annual wind capacity additions in the Asia Pacific region (excluding China) are expected to reach 12.1 gigawatts (GW) by 2022 according to new research from MAKE Consulting, more than double the capacity added by the end of 2017 of 5.5 GW.
Seeking a competitive edge in renewable energy auctions around the world, manufacturers of both onshore and offshore wind turbines are having to increase the pace of innovation, driving “unprecedented growth” of the next-generation of onshore and offshore wind turbine sizes, according to new research from MAKE Consulting.
Global annual wind power capacity additions are now expected to average over 67 gigawatts (GW) between 2018 and 2027 according to an updated forecast from MAKE Consulting, which has had to upgrade its own forecasts made just last quarter.
As Taiwan emerges as the next power base for the offshore wind industry, we look at what makes the country so appealing and what the future really looks like.
Less than a year after its successful merger, Siemens Gamesa Renewable Energy has been named the leading wind manufacturer by two analyst firms, thereby dethroning Danish manufacturer Vestas.
MAKE Consulting has predicted that annual wind power capacity additions will average out at more than 65 gigawatts (GW) between 2018 and 2027 thanks in part to the increasing demand in offshore wind and the expanding contribution of emerging markets.
