5 Comments

Summary:

The global wind power capacity is forecast to rise to over 290 gigawatts by the end of 2015 from 91 GW at the end of 2007, according to a report released by Cambridge, Mass.-based consulting firm Emerging Energy Research (EER). Annual wind power growth is projected […]

EER logoThe global wind power capacity is forecast to rise to over 290 gigawatts by the end of 2015 from 91 GW at the end of 2007, according to a report released by Cambridge, Mass.-based consulting firm Emerging Energy Research (EER). Annual wind power growth is projected to increase by 50 percent, to over 30 GW in 2015 from an added 17.5 GW per year in 2007, according to the report.

The bulk of this growth is seen taking place in the U.S. and China, while Europe holds onto its shrinking lead. The Asia Pacific region, meanwhile, is expected to surpass North America by 2015 in total wind power capacity. “U.S. federal renewable energy policy support and pro-active transmission expansion projects will need to stay on pace for the country to remain ahead of China’s voracious renewables growth appetite,” warns Senior EER Analyst Joshua Magee.

wind1

The projected wind growth in the U.S. is credited to the extension of the Federal Production Tax Credit through the end of 2008 and the strengthening of the Renewable Portfolio Standards (RPS). However, the fate of the Energy Bill as whole, and specifically the inclusion — let alone “strengthening” — of the RPS is far from a sure thing. And as “Jim” pointed out in our comments last week, the intermittent nature of wind power would “require either conventional backup or some way of including the amount of sheddable loads on the grid,” a structural redundancy not often taken into account.

The rapid growth in Asia is following the trend the EER forecast last year, when it estimated that by 2010 China and India would contribute 80 percent of the 6 GW growth in Asia by 2015. In this most recent report, the EER thinks that China might surpass its goal of 5 GW of installed wind base by as early as 2009.

wind2

Beyond regional development, EER sees big growth in transmission expansion as proposed new wind farms will need to connect to the grid. Additionally, the developing offshore wind market will require a lot of investment, but EER expects that Europe’s will be fully established by 2013.

The report assumes continued expansion in domestic and foreign governmental support for renewables, especially wind, something that is likely with next month’s UN Kyoto-follow up in Bali. Additionally, suppliers all along the wind power supply chain – the separate suppliers of the blades, gearboxes, etc – are investing in increasing production. New turbine production facilities are being built all over the world as the future of wind power becomes a certainty.

You’re subscribed! If you like, you can update your settings

  1. VentureBeat » Cleantech roundup: Ethanol and solar suffer, wind and geothermal growing, and more Wednesday, November 21, 2007

    [...] Wind power may triple by 2015 – A firm called Emerging Energy Research has released a report claiming that the power generated from wind projects will triple by 2015, although a number of factors could defy forecasts. Earth2Tech has a good summary. [...]

  2. Friday Linkfest – Edition 19 » Celsias Friday, November 23, 2007

    [...] World wind power capacity is predicted to triple by 2015, rising to over 290 gigawatts by the end of 2015 from 91 GW at the end of 2007, mostly due to growth in U.S. and China. [...]

  3. Larry Coldhitz Friday, November 23, 2007

    Her , in my homestate of Texas , the farming community has gone all in on renewable energy. The obvious sources have led the earliest adopters to the well. Of course , there is a new biodeisel plant everyday ( WilliE ) , and there is , with so much supply , the massive methane plants ( MOO) , and still there are the big oil efforts. Ok. , that last one is just a P.R ploy. What really surprised me was the huge number of wind farms popping up. Ranchers are leading Texas to the forefront of the induststry. This is a revolution in , rigidly conservative ,Texas. I’m just here for the holidays , but I can easily see a little bit of a brighter sunset than last year. Please, Sants, let this green miracle stay.

  4. Se prevee un crecimiento anual del 30% de la energía eólica mundial instalada « Ingeniería en la Red Wednesday, November 28, 2007

    [...] Fuente Datos:[EER] [...]

  5. Wind Power In Western Massachusetts | Green Building in Western Massachusetts Saturday, September 13, 2008

    [...] World Wind Power to Triple by 2015 « Earth2Tech – The global wind power capacity is forecast to rise to over 290 gigawatts by the end of 2015 from 91 GW at the end of 2007, according to a report released by Cambridge, Mass. Annual wind power growth is projected to increase by 50 percent, to over 30 GW in 2015 from an added 17. 5 GW per year in 2007, according to the report. [...]

Comments have been disabled for this post