2011 WIND INDUSTRY in gERMany - Wind-Energy-Market

Economic reportGrowth in the wind sector –a global expansionThe wind industry is one of the fastest growing and most dynamic economic sectors.While demand remains high in Europe, installed wind power capacity is increasingrapidly, especially in Asia. Only the USA disappointed analysts and manufacturers in2010.In 2010, wind turbines with a totalrated capacity of 35.8 GW were installedaround the world. That is far more thanwas installed in Germany in the past20 years. According to the Global WindEnergy council (GWEC), turnover forthe industry was 47.3 billion euros.The newly installed capacity in Europewas 9.9 GW.In the USA, new installations in 2010 fellby half and in Europe the market as awhole eased slightly. In the EU in 2010,for the first time since 2007, wind powerwas not the form of energy production withthe highest newly installed capacity. However,analysts are not expecting a sustaineddownturn. The expansion of offshoreenergy in Europe is in full swing and thewind industry is opening up new marketsin Eastern Europe and Latin America.In 2009, the German wind industry wasworth 6.4 billion euros and was responsiblefor 17.5 % of global value creation.Whereas in the 1990s the industry wasmanufacturing primarily for the domesticmarket, it has since achieved an exportshare of 75 % and is now employing102,000 people in Germany.In 2010, the German wind market returnedto its 1999 level with additional capacityof just 1,551 MW. In the record year of2002, 3,240 MW of new capacity wasinstalled. The German Engineering Federation(VDMA Power Systems) believes thatthis recent downward trend is due primarilyto the long-term repercussions of thefinancial crisis, which had a huge impacton major projects. The trend in repoweringwas more positive. In 2010, 116 turbinestotalling 56 MW of rated capacity were dismantledand replaced by 80 turbines with atotal capacity of 183 MW. For offshore windfarms too, the newly installed capacityexceeded that of the previous year. In theGerman Exclusive Economic Zone, turbineswith a total capacity of 108 MW have beenerected. In Europe, this was a record yearfor offshore wind power with 883 MW ofnew installations.In the meantime, the industry is facing anupheaval. The business consultancy KPMGis anticipating takeovers and mergers inthe German wind industry. Above all, small10 Wind industry in Germany