2011 WIND INDUSTRY in gERMany - Wind-Energy-Market

ContEnts1418 202EditorialEConomiC rEport10Growth in thE wind sECtor– a Global Expansionthe wind industry is one of the fastestgrowing and most dynamic economic sectors.While demand remains high in europe,installed wind power capacity is increasingrapidly, especially in asia.12industry struCturE –thE wind industry FaCEsuphEavalthe wind industry in Germany is shapedin equal measure by young companies andtraditional industries that are continuallyopening up new business segments withnew products and services.14Global markEt – nEwmarkEts arE GaininG instrEnGththe wind industry is well positioned inglobal terms. in 2010, according to theGlobal Wind energy council (GWec), newwind turbines with a total rated capacityof 35.8 GW were erected, equating to aturnover of 47.3 billion euros.16onshorE – thE domEstiCmarkEt bEComEs a pionEErmarkEt aGainthe German market maintains its outstandingposition as a domestic and referencemarket for turbine manufacturers and theirsuppliers in europe.18oFFshorE – GErmany slow totap potEntialWhile onshore wind power has been a wellestablished branch of the industry for years,the offshore branch is only now gainingmomentum.2220tEChnoloGy – turbinEs GEtbiGGEr thanks to hiGh-tEChWind turbines have continued to grow insize over the past few years. On average,turbines that were erected in Germany in2010 had a rated capacity of just over 2 mW.22FinanCinG – thE invEstmEntslowdown bEGins to piCk uppaCEthe construction of large-scale wind farmson land and at sea requires enormousinvestment. the financing for these largeprojects is often covered by major energysuppliers with sufficient capital resources.However, municipal utility services are alsoincreasingly investing in their own windturbines and taking shares in offshore windfarms.4 Wind industry in Germany