Market Research Store releases a new market research report "Global Utility Grade Wind Turbine Market 2012 Forecast to Industry Size, Shares, Strategies, Trends, and Growth 2018" to add to its collection of research reports.
Deerfield Beach, FL -- (SBWIRE) -- 12/17/2015 -- Wind turbine markets at $32.2 billion in 2011 are anticipated to reach $96.7 billion by 2018. Growth is expected to be worldwide and a result of vendor achievement of marked improvements in the technology. Wind markets for land based high wind areas are saturated. The ability to provide local land based systems in low wind areas and to implement offshore wind farms bodes well for market growth. Countries that invest in wind energy will achieve significant strategic advantage economically as wind energy represents efficient energy infrastructure delivery. Countries that do not invest in wind energy infrastructure will be left in the dust economically.
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The aim of virtually every government in the world is to encourage low carbon energy generation technologies to take over. This strategy echoes with a core message from the International Energy Agency's World Energy Outlook 2011: Delaying action to reduce emissions is a 'false economy' - for every $1 of investment avoided in the power sector before 2020 an additional $4.3 would need to be spent after 2020 to compensate for the increased emissions.
A single Vestas wind turbine generates 25 times more energy than it uses in its lifecycle. A single Vestas wind turbine emits only one percent of carbon dioxide when compared to a coal power plant. When producing solutions to harness wind energy a small negative impact on the environment is made. Vestas is committed to reducing this impact to the extent possible.
China led the world in installing wind-power capacity in2011. It is very interesting that China is moving to implement local generation of renewable energy. This is a strategic move to use the wind energy where it is generated. The ability to use wind electricity where it is generated as much as possible appears to be the most cost efficient way to leverage renewable energy.
Local generation of wind energy is the most efficient way to utilize the power. Wind energy is poised to be less expensive than any other type of energy generation, faster to implement, and easier to store. The ability to distribute it directly from substations leverages an in place infrastructure, supporting direct investment in energy generation rather than build out of expensive high energy transmission lines.
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Table Of Content
1. Utility Grade Wind Turbine Market Description and Dynamics
1.1 Renewable Energy, Climate Change, And Energy Security
1.1.1 Wind Energy in California
1.1.2 Wind Farms Construction Phase
1.1.3 Turbine Heads Swivel
1.2 Wind Energy Environmental Impact
1.3 Predicted Effects Of Climate Change
1.4 Wind Farms Set To Become More Common
1.5 Benefits of Wind Power for Utilities
1.6 Wind Power Variable Nature
1.6.1 Cost to Integrate Wind Power
1.6.2 Key Benefits Utilities Are Realizing with Wind Power
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