Oil & Gas - Douglas-Westwood
Oil & Gas - Douglas-Westwood
Oil & Gas - Douglas-Westwood
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Windpower: a $36 bn world market<br />
Portugal<br />
2% ROW<br />
Denmark 14%<br />
UK 2%<br />
3%<br />
France<br />
3%<br />
Italy<br />
3%<br />
India<br />
7%<br />
158GW<br />
US<br />
22%<br />
Germany<br />
16%<br />
China<br />
16%<br />
Spain<br />
12%<br />
Installed Global Windpower Capacity (end 2009)<br />
Source: GWEC<br />
• 2009: world installed capacity grows by 31%<br />
• China +100% to 25GW;<br />
• US by 39% to 35GW<br />
• Europe +54%<br />
Picture: Siemens<br />
• Wind is a green solution and an important part of the energy mix<br />
• But best locations are remote & major NIMBY issues in some countries<br />
• Offshore has major attractions: out of sight & a better wind regime<br />
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