| Global Small Wind (50-350kW) Power Market Analysis | | | | infrastructure to meet future transmission and |
| and Forecasts to 2015 | | | | distribution demands will be a major challenge for wind |
| Global Small Wind (50-350kW) Power Market Analysis | | | | power development. Furthermore, complicated zoning |
| and Forecasts to 2015 report gives an in-depth | | | | requirements, the lack of tax credits globally, |
| analysis of the global small wind turbine market and | | | | unsatisfactory product performance, supply chain |
| provides forecasts up to 2015. The research analyzes | | | | issues and the lack of net metering policies in many |
| the growth and evolution of the global small wind | | | | countries for small to medium sized wind will be the |
| turbine market in the range of 50kW to 350kW up to | | | | key challenges restricting growth in the future. |
| 2009 and gives historical and forecast statistics for | | | | The demand for 50kW to 350kW wind turbines is |
| 2001-2015. This research analyzes the market | | | | declining |
| scenarios for this technology and regulatory policies | | | | The market for small wind turbines is shrinking due to |
| that govern them. Detailed information on key current | | | | lack of demand from wind farm developers also the |
| and upcoming small wind farms give a roadmap to this | | | | manufacturers are shifting production in favor of larger |
| market’s development. This coupled with elaborate | | | | and more sophisticated systems. Currently wind |
| country profiles for the US, the UK, Spain, and Italy give | | | | turbines in the range of 50-350kW are used for |
| comprehensive understanding of the market scenario. | | | | residential purposes and small industrial and commercial |
| Wind turbine technology has been evolving | | | | purposes. Post 2006, the market development shifted |
| Wind turbine technology has evolved significantly in its | | | | towards the Asian countries, such as India and China, |
| design, capacity, and efficiency since it was first | | | | as the markets in the US and other developed |
| deployed in the 1980s to generate electricity. Today, | | | | countries shifted towards the larger turbine size. Wind |
| the majority of wind turbines operate on horizontal axis | | | | turbine developers in the developed countries shifted |
| with three blades that are attached to a rotor from | | | | production towards megawatt capacity turbines or |
| which the electricity is transferred to a generator | | | | went out of business due to lack of demand in 50kW |
| though a gearbox. Modern wind systems contain a | | | | to 350kW wind turbine market. |
| communication system which allows the user to track | | | | Global small wind power market is concentrated in the |
| performance and perform diagnostics wirelessly. | | | | range of 50kW to 100kW |
| Efforts are being made to enhance performance | | | | Installations in the wind power market in the range of |
| through increased software integration. | | | | 50 – 350kW are primarily concentrated between |
| Small wind market is less matured than large wind | | | | 50kW to 100kW range, which constitutes about 42.8% |
| The small wind (50-350kW) market is relatively less | | | | of the total turbines installed in 50-350kW range. |
| mature compared to large wind with only US being the | | | | Major turbine manufacturers hold majority of the |
| only country with a considerable presence in this | | | | market |
| sector. In 2008, 71.8MW was added in terms of small | | | | Currently, five manufacturers make up for more than |
| wind power capacity globally. With only UK alone | | | | 66% of the market. Kenetech Corporation and Vestas |
| projected to grow at a CAGR of 5.1% from 2009-15, | | | | lead the pack with a market share of 24.3% and 18.1% |
| the market maturity and saturation currently remain | | | | in 2009, respectively. They are followed by Suzlon |
| very low globally. | | | | Energy Limited, NEPC India Limited, and Enercon |
| Financial incentives and government policies are driving | | | | GmbH with shares 11.7%, 8.1%, and 4.6% respectively in |
| wind technology | | | | 2009. |
| The wind energy market, like the market for other | | | | The US market rising at a modest rate |
| renewable energies, is primarily driven by government | | | | The US 50-350kW wind turbine market grew from |
| support policies and regulations. In the US, the wind | | | | 1,642.4MW in 2001 to 1,671.4MW in 2009 at a modest |
| market is primarily driven by federal tax credits and | | | | CAGR of 0.2%. The introduction of Federal ITC is |
| state-level RPS, the key regional market in the | | | | expected to provide a boost to the wind market |
| continent. In Europe in December 2008, the European | | | | though the large wind systems will reap better benefits. |
| Union (EU) agreed a new Renewable Energy Directive | | | | The cumulative capacity is expected to reach |
| for a binding 20% renewable energy target by 2020. | | | | 1,704MW in 2015 with a forecast CAGR of 0.3%. |
| The EU’s overall 20% renewable energy target for | | | | Small wind market in the UK is expected to pick up |
| 2020 has been divided into legally binding targets for | | | | pace in future |
| the 27 member states, averaging out at 20%. In the | | | | Small wind turbine market in the UK is anticipated to |
| Asia Pacific government support is also driving wind | | | | rise in future ad a result of the implementation of the |
| energy growth. China’s wind installed capacity has | | | | proposed feed-in tariff policy in 2010. The UK small |
| doubled every year since 2006. The Renewable | | | | wind market has shown growth in the last few years |
| Energy Law, along with other policy measures such as | | | | with an annual capacity addition of 8.05MW in 2009 |
| Medium and Long-Term Development Plan for | | | | itself. The UK small wind power market is expected to |
| Renewable Energy introduced in 2007, is driving the | | | | grow further due to financial incentives under the |
| Chinese market even further. Additionally, many states | | | | Renewable Obligation (RO), implementation of feed in |
| in India also have feed-in tariff schemes and RPS in | | | | tariff policies and streamlining the administrative |
| place and many states are adopting these policies to | | | | procedures. |
| drive wind energy growth. | | | | Spain has a negligible small wind power development |
| Insufficient grid infrastructure, Administrative hurdles, | | | | Spain mainly has large wind power plants installed and |
| and supply chain bottlenecks are hampering wind | | | | also there are no government policies supporting the |
| uptake | | | | small wind power development in the range of |
| The existing grid infrastructure is deemed to be | | | | 50-350kW. The growth in the installed capacity of |
| insufficient and there is also an urgent need for | | | | small wind turbines in the Spanish market has been |
| modifications to be made to the existing grid | | | | more or less constant due to extremely developed |
| infrastructure and grid regulations to accommodate | | | | large wind market which provides more than 50% of |
| wind power characteristics. Upgrading old electricity | | | | the total power market in the country. |
| infrastructures and the construction of new | | | | |